I live in the Greater Toronto Area.Hey Hugo, while your request isn't unreasonable, you're not helping yourself at all here:1.

I think that might be a hurdle to jump first.

But, if someone does the same thing as everyone else, and expects different results, would it be unreasonable to call that crazy...? 

However, I do not plan on investing in this area due to hurdles of entry such as expensive product and high competition.

Any one also experienced hurdles and time frame in getting required permits and possible construction costs.

The area I am targeting is a vacation destination that is rather seasonally resilient (working theory backed by decent to moderate research so far).If I can get past the zoning hurdle specific to mainly "wastewater" - referring to the collection of the toilet, shower, and sinks discharge - I want to purchase 10+ acres that allow me to scale to something quite significant in time. 

In fact I'd guess you could probably structure a discount into your agreement just because of the logistics (no roofs, no foundations, no yards). 1031 isn't a terrible idea but you've got a few hurdles outside of costs - you're going to have to have some possible properties already identified as your window is small, you'll still have to manage the property unless you go through a PM, you'll lock up more/most of your principal since you're going 'bigger'.

To get around both of these hurdles, investors typically explore debt service loans as an option.

Coordinating contractors and adhering to the schedule were significant hurdles.

From my limited research - getting the concrete slurry perfect is tricky, training your labor, and training your building dept on how to approve/inspect are the hurdles right now.