Conventional lenders in Canada will require you personally guarantee any financing to the corporation, but we've never encountered a problem obtaining mortgages due to the properties being in a corporation.Now, if the corporation is undertaking a JV with an individual, we have encountered lenders who will not allow a corporation and individual to jointly take title or hold the financing {there is no legal restriction here, it is just an internal lender policy} when financing residential properties.Similarly, if you have more than 2-3 shareowners or partners, our experience has been longer vetting and approval processes from lenders when pursuing residential financing.    

It's great to hear from people with positive real life encounters with the NACA program :)

I recall obtaining a quote for flood insurance years ago on another property nearby and having sticker shock (I think it was over $4k/yr) at the time.  

You will find amazing advice and insights in here, just as you will encounter forumalic uninspired regurgitations or methods that lost their sizzle a decade ago.

Two of them are sticker price and financing.

You can fight who you want, that program for 2-4 unit properties more or less is gone.Get an extension, flip it to FHA, and close if you can.Here in the SF Bay Area, I've encountered several "Hey Chris but Joe at XYZ Home Finance said they can do 5% down on a $700k Oakland duplex, conventional!!!"

I encounter a high percentage of applicants don't qualify, but still express interest. 

Anyone encounter this?

You can buy two security stickers to stick on the windows and see if that deters the intruder. 

Add in all these cost to make sure it's a functional BRRRR.Those rules aren't set in stone but those are some of the obstacles you will encounter.