Hi David,I’m just entering the flex space development space and recently joined a mentorship program to deepen my knowledge (I do have experience in commercial MF).

Hi Brett - local PM here - we have a few development projects, small multifamily and tonwhouses that we are gearing up for sale in the next 6 months.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

However, that being said, it's just as important to make your flips and developments stand out from the crowd!

.- The holder of a work permit does effectively become a tax resident as far as the CRA (Canadian Revenue Agency) is concerned at which point they will qualify for certain things such as purchase a house without being considered as the foreign buyer; hence, foreign ban hammer not weighing on them.

We can all agree rising operating costs dictate revenue needs to offset expenses.

Is it best to approach an architect or a land developer for what I am proposing?

Developers will not be able to get these bonus building permits without providing such TDR credits.  

Harder to liquidate, amplified results if you fail, and cash flow less.Pull a list and cold call, or develop relationships with brokers.

Bonus 4: develop a list of questions you want to get answers to before you do any opportunity.