This exercise will help you establish which of the two properties best aligns with your long term goals.

I will be going down there in a couple of days, and interested in building/developing/investing, I am a licensed Mexican Architect, I have friends living there as realtors, US investors, and US builders ready to pull the trigger. 

I have a rental agent in charge already established and started the rental registration, but am I really needing to wait up to 2 months to get a tenant in there?

U know when the settlement statement comes in there maybe 1 point but 5k in junk fee's that are disclosed until basically the day of signing as they are not legally bound to disclose all their fee's up front like a NMLS state licensed owner occ loan.

Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.

Thats a good reason to bring in no longer help myself in person to person negotiations on it.When I mention a revocable license agreement to continue use of the are in back, that is what the agent offered of his own accord and it and was explained to mean that if they were to need to do work there  I would not be compensated.

For the person that is letting you arbitrage their property, why would they choose to let you arbitrage their property rather than hire a professional, licensed, insured PM that has a team to run their property for them? 

Most of the time, you can purchase a property with tenants already in place, but the leases often need to expire within a certain timeframe—usually around three months—so you can establish owner occupancy.

I spoke to the City of Oshawa (licensing department first).

But merely being licensed does not give you any advantage whatsoever.