We will not have income sufficient for bank financing.

Please do some homework and check this out yourself.https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/ending-a-tenancy/landlord-notice/two-month-notice#Usemake sure they serve you the appropriate notice, with sufficient time and make sure you get the appropriate tenant compensation for having to leave.https://www2.gov.bc.ca/assets/gov/housing-and-tenancy/residential-tenancies/policy-guidelines/gl50.pdf

However this is a non-issue for agents that do well, as they have sufficient income and access to capital to purchase properties for themselves no problem. 

With natural gas 100a may be sufficient if the panel is new enough.

Usually as long as the anticipated rental income meets or exceeds the monthly mortgage payment, and you have sufficient credit/assets you should be ok. 

A million dollar liability coverage should be sufficient for single-family & MF up to 8 units, at least.His experience is that any claims against his company have been frivolous & insurance co. settled or delayed until tenant just walked away.

We are looking to buy our 5th property but we don’t have sufficient funds to use for closing fees.

Is that sufficient or are the further steps that I should take to prove notice was sent to the tenant? 

You walk in and look for the best ones in the bundle.I see people buying quantity just to get to 100 doors and they might have a purpose to do that. 

The property has an out house and a self sufficient basement that I could potentially rent out.