Thoughts:Do you have an established mortgage broker relationship? 

The cash flow could potentially pay the entire amount of the loan each month, and you'd be getting the tenants to pay down mortgage, plus extra tax benefits. 

So based off this calculation I determined that my portfolio is strong enough to move on with my expansion plan into a new market.Business expenses as % of total expenses : 70% 1) Fixed Expenses: a)Monthly Mortgages: 45% b)Property Taxes: 18.7%c)Utilities Expenses: 14.8% d)Licenses & Insurance: 5.4% 2) Variable expense - Water bills + repair expense : 16%Personal Expense as % of total expenses: 30% My monthly living expensesa)Housing: 39.7%b)Child Care: 25.4%c)Living expense: 22.2%d) Food: 7.9 %e) Insurance: 4.8Income 1) Total Income - 100% A) Rental Income: 42% B) Wage income (W-2) : 26 % C) House Flipping Revenue: 23% D) Property Management Revenue: 5% E) Stocks/Dividends: 4% Please let me know if you would like help walking through this process as it has been super helpful to understand my financial situation or send you the spread sheet I used.

I would manage it as a VRBO property, convert to a traditional mortgage within the next two years and make aggressive payments to cut down on the principal as quickly as possible.

Could do a rental or a rent to own to get the mortgage paid so you are not paying 2.

I have many questions if I’m “doing it right,” as my properties are a mix of mortgage loans of varying lengths, and two houses are seller financed.

What is the process or best way to separate the land from the sellers home without impacting his current mortgage??

:)  I also hear of a lot of challenges getting mortgages as a Canadian Citizen, Setting up your corporations right, the exchange rate keeps you on your toes, and the unknown of what a downturn in the market looks like are enough to make us research a little harder before we just jump down there. 

I need to find other park owners that have used the 21st Mortgage CASH Program to fill their parks. 

Own the property with a conventional mortgage and take checks to the bank.Is this how you are doing these projects?