So I wanted to protect them, while on the other hand finding ways to creatively maximize their take home while keeping our risks low due to the potential upside of the deal.

Do a good job screening and consider the pros and cons of waiting an extra month of not having tenants vs the risk of having tenants who trash the place or refuse to pay rent for months.I invest in my hometown here in Winnipeg and Manitoba has very friendly tenant laws.

Of course that excludes all the regular risk factors that affect the entire country or the world and real estate anywhere. 

in SD deals only work if you put over 50% LTV and at that point there are so many other assets that IMHO give a better risk adjusted return. 

This is my first post after several years of being a fan and finally completing my first live in flip.

Either increase or not increase rent then sell it in the spring when the market is a bit more hot here. 4. keep tenants but tell them I want to sever the house to make it a duplex (would cost nearly $15,000 to do likely) and then airbnb or rent basement. 5.

If this was yours would you take the risk? 

@Patricia C.When you're looking to purchase a third home but are already maxed out on your mortgage capacity, there are several strategies you might consider to improve your chances of getting approved for another mortgage.

Not conformed by the situation I contacted several Insurance brokers and one came back telling me that we can do a "split policy" one that covers the wind mitigation insurances, and another one that offers liability and all the other coverages...

I'm a big fan of trusts and have several.