Some opt for private lending to avoid this tax and still have investments secured by RE.   

While this approach ensures more reliable tenants, it also limits the pool of prospective renters, making it challenging for individuals with less conventional financial profiles to secure housing.Given these challenges, I have decided to exit the Ontario rental market.

It may be a tough rate for you to swallow, but it may be worth it to secure the properties then refinance in a few years.

Regarding your comment that "the court continuously grants more time," I had a similar issue just prior to the Covid lock down.

I'd like to share some insights about the process of finding and securing funding for investment properties especially for fix and flip deals.

Or, a charging order may be granted.

It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.  

I've noticed many investors initially write their contracts under an LLC, only to later amend the contract to their personal name to secure better financing options.

This is the cost of doing business.2nd: not having security at your property during and post renovation.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.