Prince George is considered the 2nd largest city in Northern BC, so it's not like it is deserted or anything. 

Handyman filled with an insulation strip and drilled one ugly piece of wood to cover the largest gap on the top, and called it good.  

i appreciate the folks who replied with their view that this issue isn't a big deal and should be OK for landlords, but as many folks have said there are few, if any, business that don't look to capture the largest pool of applicants so they have a better chance to find the best candidate.  

The building is subject to rent control.The unit that is vacant is my largest and highest priced unit.

We are in our 13th year, operating in three of America's largest cities and have operated and grown in three cycles - changes of direction - for the local housing markets.  

The largest increase was 4% for a small condo that is still well below market rate.

I want to make sure I don't do something stupid or, worse, illegal.thanks,DannyBefore getting started, I suggest contacting a realtor in your area that does leasing or looking up on Craigslist for your area to see what are typical lease terms...In order to get the largest possible applicant pool, you generally want to use terms that are common in your area (ex. term, security deposit, pet deposit if any, etc.).(1) No, no need for a business account. 

We have a change machine in our largest property...MASSIVE pain...always jamming but it is nice when it works. 

A SFR is way less risky than that.3) my REI who have around 1,000 units carry between $3M-$5M limits.  4) I personally insure 7,000-8,000 units , with the largest settlement to date being $50,000.Hope this helps reduce your fears of reduce your fears of owning some rental properties.

A side benefit for the landlords is they end up with longer term tenants too.When a tenant has to write a check each month for their largest monthly expense it makes them think every month about "what could be better or cheaper out there", or "should i move in with my cousin to save money".