The only red flag is Timmins' water/sewage yearly bill is unlike the GTA. 

The major landmine here is the tax bill.

A few things that I've identified in the past:Water bills: replace old fixturesElectric: Upgrade to more efficient lighting, etc. 

Having run a rent-by-room thing for several years, I strongly recommend you build utilities into the rent, and charge a flat "bills included" rent each month.

Have a read on this article here and give me your thoughts, I myself am going to have to re-read it again to fully understand what it entails and how it fully impacts us, were it to get pushed through.https://www.fool.com/millionac...Excerpt of the article:Talk over the second round of stimulus is underway with three proposed policies on the table at the present time, one of which would have a big impact on homeowners, tenants, landlords, and real estate investors everywhere: The Rent and Mortgage Cancellation Act of 2020.This bill, sponsored by Representative Ilhan Omar, D-M.N., would eliminate rental and mortgage payments on any primary residence for the duration of the national emergency, allowing landlords and lenders to recoup losses by applying to a relief fund, but there are stipulations.Let's look at what the act proposes and how it would work and see how it would affect real estate investors.

Its not a T-bill..the risk is commensurate with return.

Please advise on how to handle renter not paying the power bill, and not paying rent either.

More research/relationship building to do.It is possible that you do the 'buy as a rental before you move' first as Bill mentioned.

The flip side is that there are more expenses with a multi-family property, such as water/sewer/trash (can be billed back to tenants on new leases), landscaping, maintenance, and capex x4 units (4 air-conditioners, 4 hot water heaters, 4 kitchens, 4-8 bathrooms, etc).

I’m sure everyone is excited about Rep Omar’s bill to require forgiveness of rent for up to a year.