Today’s property looked promising.

So because of all these reasons, I don't think things look promising for Alberta's immediate future (next 3-4 years or so).

Many of you know the scenario my tenant has recorded me making promises etc. 

We have been burned 1 time from a VRBO booking who used stolen cards and a fake identity to sale drugs out of our house.

Hopefully I could just sign something promising to use the cash from a refi to repay the LOCs if it would be a problem for them otherwise.Any other thoughts and comments anyone?

They are looking for passive financial partners, and are promising a really high return on investment.

The reason I ask is because I have found a home in my perspective market and after analysis is seems like a promising property for a long term rental.

@Jedd Storoshenko I think you've gotten all the right advice from @Richard Sherman (promise I'm not BP stalking you today lol) and @Dave Foster , although the option to combine the Sec 121 exemption and the 1031 does still exist if you convert to a rental and sell within three years.However, I think Dave's question about the condition of the prop is still the most important one here.

They have already not followed through with the promises they made on Nov. rent. 

I have been inboxed and pinged repeatedly lately by obviously fake accounts - they always have images of men, are new in the last week and then they delete the account in 24 hours., I always check out anyone who contacts me before responding, and hope others do too.