We have offered they can terminate their lease at no penalty charge because frankly they complain a lot and are unhappy with the residence.

But see if you can take advantage of sec 179.

For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.While most lenders require you to hold the loan for at least 6 months (aka "seasoning"),Fabulous 5BUY - short-term bridge financing to help you with investment property acquisition.REHAB - With up to 100% rehab financing, you can stay liquid through renovations.RENT - Tenant in place or future tenant.

How can I search for other leans that might be on the property, is there a way to see how much mortgage is left on the property and any other tips that people have about this type of real estate.

Do you only work in Ontario?

Looking forward to learning from you all and sharing experiences!

It has been a couple days and have not seen an answer.If you own a rental property and you have a signed lease at the minimum of 1+ year, does that rental property mortgage (traditional investment loan) still count against your DTI?

- How much would you suggest spending on a property(s) in my situation?

I'm feeling bullied and as if I'm being held hostage and am not sure what I can legally do. 

Along with risks of natural disasters some areas of the country are also more litigious or even have more uncertain jury pools and that can also play into insurance pricing.