I merely made mention of some of the challenges I faced, but those challenges cannot be overstated either.

I was hoping someone might have some experience in this market to know how challenging the process would be to obtain the permit.Thanks for your input!

That property looks fantastic actually, I think sorting out the budget would be our biggest challenge.

Maybe we can exchange insights and strategies to help each other navigate the challenges of getting started.Looking forward to staying connected!

I would study the listings from the top performing rentals in your area to see how they are overcoming any challenges with location.

Successful BRRRRs are challenging enough to do local to you.  

A big challenge given the value is getting financing - this is too small for most HMLs I know.

Challenges?

One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

@Arron Paulino Your posts illustrate the challenges of exiting SFH's in markets where the natural buyer is another investor and not home owner.