Fortunately Canadians are smart enough not to make RICO level mortgage origination fraud legal (unlike your southern neighbors here in the US) so a collapse brought on by mortgage rates resetting on borrowers who had no business getting a mortgage in the first place is very unlikely.On the other hand with mortgage rates below 3% and most Canadian mortgages being short term (compared to a 30 year in the US at least) if rates rose significantly a lot of folks might have a hard time affording the new payment when the loan was due to roll over.

I consider it a legal scam as the agencies that provide the doctors that rubber stamp the certificate are legitimate agencies (same agencies that certify the legitimate service animals) that collect fees for this serviceSo far if I allowed animals at the unit I have accepted the certificate and have not collected additional moneys (normally I charge additional cleaning deposit and a small increase to the monthly rent (1st animal is charged more than subsequent animals)). 

We're selling one of her properties for capital and in need of professional business and tax strategy and legal advise.

The wholesaler is likely not licensed to sell real estate for the seller and so the assignment contract may be the only way that they can legally sell the contract (versus the property for the seller).As a licensed broker, I have done it where we renegotiated out of our contract with the seller and sold to a buyer with traditional financing simply as an agent.

There are several things that you can do as a wholesaler that may cross that legality line however.

Of course you also want to visit the building and zoning departments to confirm legal use (do not go by assessor card).

I'm getting things situated as far as the legal structure in place.

My problem is doing it right and understanding the risk I'm taking legally.

The building department had no records of it being a legal 8-unit property since it was previously a 4 unit property and a former owner applied and received permits to convert it to 8 units but there was no final inspection.

Thankfully the company I work for has a legal department to write them up.