Partnerships: Team up with someone who has the funds but might lack the time or expertise to invest in real estate.

There is also potential to have a 4th bedroom with a simple layout change inside but I haven't decided that yet, as it would be on the smaller side.

Nothing you can do but someone cannot fake foreclose on your home.

Although it is even smoother if you work with some one who does both types of loan. 

Can someone point me in the right direction or link a thread?

If you use the search function, there are a number of threads on this.Pros-you can rent by the room and make more moneyCons-students are often less experienced at living on their own and may do things that result in repairs (eg wrong soap in dishwasher), higher turnover, more calls to deal with things, higher chance of parties.If you do it, you may want to get a cleaner in once a week to clean common areas (students clean their own rooms and keep the place tidy, wash their own dishes) and you will need to get someone in to take care of the yard.

I was saying that because I know of someone that has one that has an office and pays someone to be there running the place.

Hi Titus, I have decided to pause investing in the GTA market for a few years atleast.

If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?

How would you know someone was overpaying when I didn’t tell you how many acres were actually being rented?