I stalk a lot thru facebook once I get an application.

Does anyone know of an affordable/good application I can use to manage my properties?

I just want to give an example: I bought a property in Welland before for 20% downpayment, I asked the guy preparing my mortgage application if I can do smaller DP but he says no the bank would not let me because it is a rental property (someone is already renting it there and I took over) He also taught me to use my personal line of credit (the process I know you guys are more aware of than me)...long story short, I want to learn more about the mortgage rules and RE strategies in Canada such as when I can use lower than 20% DP, when I can use my personal line of credit, and refinancing, etc.Thanks and thanks to everyone who have been answering my questions.Paolo

I think the government will get involved and are starting to get involved. https://www.kivitv.com/news/state-of-208/beverly-hills-company-moves-in-drives-rent-up-by-nearly-45-percent-for-some-boiseanshttps://idahonews.com/news/local/a-look-at-proposed-boise-housing-ordinance-here-is-what-it-means-to-localshttps://www.ktvb.com/article/news/local/boise-considering-capping-rental-application-fees-at-30/277-4cbd1a75-a6e9-4214-9fe9-bb21483d246bI suppose kudos to the company that figured out this way of making money. 

This will make the last unit viable.Minimum drawing requirements include, but are not limited to:Bear the seal of a register design professional, in compliance with Sections 33791.01, 4703.12, and 4733.14 of the Ohio Revised code.Plans shall be drawn to scale and shall be sufficiently clear, comprehensive, detailed, and legible so that a determination can be made for conformance with all of the applicable provisions of the currently adopted codes.Mechanical plans: unit types and sizes, system layout, ventilation requirements, and provisions, and control system diagram.Electrical plans: riser diagram including provisions for grounding, panel board schedules, lighting plan(s) and circuiting, power plan(s) and circuiting, and special systems plans.Energy calculations.Provide a site plan showing to scale the size and location of new contruction and all existing structures on the site, including setback and side yard dimensions, all property and interior lot lines, distances from lot lines, the locations of the nearest streets, the established street grades, types and sizes of all utility lines and the elevations of the proposed finished grades; drawn in accordance with an accurate boundary line survey.Submit plumbing plans and details that locate and describe all fixtures, fixture schedules, and show compliance to handicapped accessibility.

These systems are free for a certain number of units (I think 75 for TenantCloud) that allow you to market your rentals, screen applications, keep tenants and leases straight, auto email reminders, track maintenance, and more.

@Helen C we have applications for rental for 2350 a month but the problem if the lender is asking us to pay the loan.. im also thinking if i can just takeover the loan to my partner and mortgage it as investment property for rental.

(Maybe because the loan application was submitted and the underwriters brought up the issue) we already did the inspection and appraisal so that will be money lost.

The most common application for this is a two-part mixed formula kit you can usually buy at a home improvement store.

It might be harder than you think to assume a loan from a seller, particularly if your credit application is weaker than that of the seller.