They could both sell and 1031 each into a 50% tenant in common interest of a property worth $1 mil.  

I guess the thing these three cities have in common is they are further out than many investors want to go, so you get some advantage there (i.e. less competition) and also some disadvantage (i.e.

Moving out of state, moving closer to work, school or moving into a bigger home due to expanding family like "pregnant" and/or requiring additional rooms or larger GLA.If you purchase a 2-4 unit and try to purchase another 2-4 unit if they are not "Common" to the area you will have a hard time.

If water is common, is that billed back to the tenants or you as a landlord have to pay for it and that will eat in your profit. 

There are very common sense reasons agents, MLS, realtors exist.

I was hoping to hear some of the common lenders or institutions that my fellow canadians might commonly use for hard money loans.

Keep your common areas clean and neat, possibly have a house cleaner come in twice a month for these areas if your budget allows it, have solid house rules that you enforce regarding at a minimum quiet hours, parking, smoking, pets, and visitors just for starters and be sure to run it like a business and decide if you will have month to month terms, 6 month terms or yearly terms.

It is pretty common but there isn't much that can be done really.

I'm very curious; it's not common to see new construction go Section 8. 

@Shivani KumarLet’s say they have to get a pest control company to do something and it’s a third party company - they will charge 5% which is very common as they have management to bill and coordinate that activityMany places I see this 10-15%I would make sure to check indemnifications clause with an attorney