Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

Meet with financial advisers/wealth managers and see what other options other than real estate there are and how to best allocate / diversify. ie have you maxed out your TFSA?

We overthink real estate...Just find a place that people with options want to live. 

Give them a couple of options, they already know the unit got foreclosed, most people move to avoid the hassle. 

@Kwanza Price - Syndications are a great options and even some QOZs. 

REI websites that offer sales data usually offer market rents when you switch to the rents option.

Your credit score will be worth improving to acquire better financing options.

Screwed up our taxes numerous times and last month our insurance was dropped since they didn't pay it appropriately.  

I found myself overwhelmed with all the options.

I know the seacoast of NH has been mentioned here but I wanted to point out a few options that could be considered.Hampton, a popular coastal town, has strong demand for multifamily units near the beach and a robust short-term rental market, especially in summer.