Keep in mind you will have two types of tenants, those that allow their dog to destroy your property in which case a deposit will never cover the repairs and those that have little additional ware and tear.

It's one of the reasons I disclose that I am working for them, and wont dual agent on them.

If we have another 2008 drop, don't worry, the country wont be able to handle it.

Interest rates would be high since I recall one broker in Ottawa mentioned 15% down with 4.5% rate wont be an issue even if you have 0 income.

Lose or destroy your Chromebook?  

Way I look at it is if they cant or dont want to pay $0.99 then they wont pay rent on time or at all.  

banks wont' usually make loans to your LLC if your just starting out.. so you may want to do a TIC and then a buy sell ... do you have the credit and income to REFI that seems to be the critical component here.so set it up as TIC  do a refi  then envoke your buy sell agreement.. very simple

Accurate comps wont have 1.3 million dollars in price difference. 

If you are going into notes with that exit in mind you wont be successful.  

Vacancy can destroy you when you're just starting.