I would be all over it and forgo the partner idea if you have the financials.

The time, effort and risk is not worth anything less plus you need to protect yourself from the times when something or multiple things go wrong.

My financial situation now allows it, so I am looking for as much information as I can to get started.

Working together for financial independence. 

Oh boy they're protected !!!

This lease agreement holds the full weight of a written month to month agreement, without providing you any of the protections given to you under a written lease.

Investing in Canada is almost like investing in the US, with many if not more of the same sorts of legal protections in the US.

@Brandon Borah, I'm not 100% certain if they do it or not but try Chris Pisano at MJW Financial. 

I do not know your area, but some areas just do not make good financial sense for renting single-family houses.

Closing time came and the closing costs were higher than their financial analysis ($9k vs $7k).Next stepsI just closed the purchase a couple days ago so I'm waiting for the contractor to tell me the schedule of the rebab and ask for a deposit.