And the laws and regulations here are very different, not very strict like the states.Prices are high and rents are low over here.

What is the difference between the Taxable Value and the SEV value? 

This is a pretty critical difference.  

I think you need to focus on one strategy first before you explore too many different options.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

I also did a 1031 exchange from a different property that gave me a bunch of cash for one of these purchases. 

Just a heads-up: with the way the insurance market has been here over the past couple of years, this is accurate as of today, but things could look very different (for better or worse) in 6+ months.

I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?

A good deal is different to everyone.

Whether it’s sprucing up a property with a few renovations or doing a full-scale flip, a good contractor can make all the difference.