I'd check local zoning ordinances to see what is permitted. 

Hey, if you get married you'll be able to shield an extra $250k in capital gains!!

Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.

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

I had one short term rental that was granted a permit earlier this year and I have been operating it for months now as an STR.

For our ADU (garage conversion), I am handling the design/engineering and then selecting a final contractor once its permitted and ready to go. 

I’ve come across details regarding the Prohibition on the Purchase of Residential Property by Non-Canadians Act, and it seems there are exceptions for buyers with a valid work permit or for properties outside Census Metropolitan Areas (CMA) or Census Agglomerations (CA).Do you know if certain types of work permits are more favorable for this purpose?

It is quite rural and it is much easier to get a permit for these sorts of things if you even need one.

all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable. 

This is who will approve or deny your plans when you apply for a permit.