One main regulation I find in Ontario Residencial Tenancy Act section 134 (3) states you cannot make a profit in subletting.

The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.

I know that my COC my be lower, etc but my main concern since its my first property is being cash flow positive.  

I need credibility, either through working for a couple of years for a company or buying my own property, starting small, and scaling with time.Now, my plan is to graduate next year (Im a junior), and get a job in a firm as an analyst in order to build that experience and mainly cover my living expenses, while on the side buy my first small property and go from there.However, and this is where I start overthinking,  I still have 1 year left in school and I want to use it to my advantage as I don't have any expenses or responsibilities other than school yet, and I want to do my first deal.

OpenPhone has been a great tool for communicating with property owners, vendors, and generic main office phone calls. 

Are you essentially saying the expected higher interest rate is the main issue with the strategy?

@Alan AsriantsI was the main investor. 

Main things being population growth and landlording laws.

For example is the 3/4" settlement in a main area of the home, is it in a basement?

It's a simple way to gauge the condition of the building's main sewer line.Unfortunately fraudulent rental applications are more common than one would think so good on you for catching that.