Yes it is already zoned as an RM-1I couldn’t find the original plans of the house though.... it looks like some crazy extensions have been made and I’m not sure they are ‘official’.  

You can find 1% deals in Saskatoon & Regina but they are generally in bad locations or really old homes that need extensive renovations.The property values vs rent ratio is very attractive in Saskatchewan, especially compared to Alberta and BC.

Rather than detailing what's already been discussed extensively here on BP, I suggest you research Asset Protection using the search option, but I’ll address the Title issue.

Also, in the city you can send a lease extension 60 days in advance, so you'll have 60 days to rerent in case anyone is moving out!

In addition to cutting down on all the questions that guest invariably ask check out hostfully.com for their digital guidebooks.

I am starting to look at bigger properties and am always concerned that if I start doing extensive work and pull permits they are going to come in and tell me I need to spend 20k on sprinklers.

. - Find out if there are any prepayment penalties on your loan, and if there are extensions available. 9-12 mo's is a fairly typical term length for this kind of loan, and some lenders offer extensions for a fee.- Find out if interest is charged on amounts funded, or on the total loan amount from the get-go.

Yes the reason it cannot stay is zoning as well as space, the lot is timberland and very sloped, there is very little space on the currently buildable area of the land, and the other flat parts of the land are hard to access without some extensive road development first. 

@Jennifer GreuelI would get an extension today.

I renovated it pretty extensively.