I was also thinking Section 8 would be good in the upcoming financially difficult times.

@Odie Ayaga what’s the avg % they are asking down and is it more difficult during these times?

It's not uncommon for tenants to send in maintenance requests that are either generally difficult to understand or it's difficult to tell how to prioritize (do I need a plumber out now, on a Sunday at midnight or can it wait till Monday morning).I usually e-mail back for clarification or pick up the phone and ask.

Often time it is difficult to cut the multiple layers of flooring out, Ive seen as much as seven layers of flooring under cement board and tile.  

I've been doing some research about rental properties in Toronto but the prices here are so expensive that is almost make it really difficult to have a positive cash flow out of rental properties and save up for the next down payment.

However, if you are too harsh, they will think poorly of you as a landlord and it will be a difficult and contentious relationship to manage.I recommend being sympathetic to their concerns, taking the time to identify any legitimate issues - it's more than possible that actual problems that should have been addressed during the rent ready were missed, and there are certain things you can't leave "as is" per landlord-tenant law and your local housing code.

So customer service will be 25% more difficult to deal with than they already were 

I've heard purchasing properties with an LLC can be a difficult process...

I always warn my clients this will likely be one the most difficult aspects of buying here...

I understand this forum has real estate bias, but it doesn't seem like a good idea to put all your eggs in one basket.Unless you are buying a commercial property, it seems difficult to get a mortgage without a personal guarantee.