In B.C. you can evict if a reno is required, renoviction.Here are the after reno numbers in CND dollars:Aquisition costs:Purchase 460kClosing costs 9kDown payment 115k (25%)3.1% rate on a 30 year Am (no other loan cost)Monthly expenses:Management fee (use local handy man on hourly basis, handle rents and tennants on my own) $150/monthProperty tax $336/monthRepairs and maintaince $435/month Insurance $120/monthReserve $300/monthRent Roll:Rent 1k per unit, 6k/monthVacancy 5% ($300/month)Reno cost:Renos 30kARV:650k (conservative)ROI:Cash flow $2,885.00CoC 22.49% (including reno costs)ROI 27.07%Cap rate 11.37%Looking for input, thoughts or similar experiances. 

Their mortgage insurance will cover their loss, so what do they care?

Hey Daniel, Did you include other expenses associated with the property such as repairs & maintenance, capital expenditures, property management, vacancy, taxes, insurance etc. within your analysis?

I am not sure about their membership policies, but I would assume that they could answer that for you.

Figure 3% to the buyer's agent and another 2% for seller's closing costs (primarily owner's title policy for the buyer). 

I thought I was going to receive my CTC at least by 11/30/17 (the date on purchase agreement for closing and date Lender told my home insurance agent). 

Is the home insured for vacation rentals?

Basically any insurance company can offer you a bond so you may try and call your local agent and see what he says.

Research what property taxes and insurance will be, etc....

However, for added insurance, my insurance company recommends turning off the water where it comes into the house.