If you dont mind me asking... how much do they owe in back rent?

Keep a watch on local trends, rental demand, and property values.Always keep in mind that real estate investment requires perseverance and patience.

You just have to make sure you calculate the funds so that you can try and exhaust all of the money from the sale into the new purchase or what it called the "Boot" when you do a 1031 Exchange.Keep in mind one of the loopholes is you can sell a property and put the profits back into another home using it for both down payment and closing costs. 

That will help guide your next steps keeping that vision in mind. 

-----------------------------------------OTHER ACTIVITIES RELATED TO REAL ESTATEWholesaling could arguably fall under the following extended SIC CodesSIC 6531054 - Real Estate Buyers Representatives (wholesaler/non-licensed)SIC 6531026 - House Buyers (wholesaler/non-licensed)http://siccode.com/en/siccodes/6531/real-estate-ag...These are cross-referenced with NAICS 531390

I am actively working on sourcing and locking up fix and flip deals.

As far as the forums go just ask questions and getting active.  

I'm just trying to think of a way I can have a small piece of mind about this possible situation.  

Keep this in mind. 

You need to make sure all expenses tied to the building are accounted for before calculating a true NOI.With all that said i am still able to buy cash flowing properties current in Ontario and am actively scaling my portfolio.