The capital gains tax is going to be about $6k, so not a big deal in the grand scheme.

I believe in paying an honest and fair share of taxes but the HST on construction AND the HST on sale of the new homes in this scheme really almost kills the viability project entirely.

Someone once told my that real estate investing was a get rich very slowly scheme.

In our simplistic classification scheme you have:Student rooming house:  As one might expect these are found in the proximity of colleges and universities (typically within walking distance) and may cater to a subset of the student population.  

Before delving into any of these schemes, one should take a hard look at the legality and morality of such schemes.  

But even then, you'll be paying at least 300,000 EUR for a basic studio.The government knows prices are ridiculous, so they're planning a major "social development" scheme.

If newbies have some whizbang guru scheme to spin off a few dollars on a pre- or FC property, stay away, far away, as far as you can possibly get away.These matters have been up before here, a few whizbangs argued they knew what they were doing or what they did wasn't going to be in violation, whatever their financial interest was in promoting this stuff, they were not lawyers and the had no clue as to the breadth or depth of the ramifications of their actions, much less the risks involved.Another side, as to the issues mentioned above, any other party to that transaction, agent, title folks, bank, attorney, or even the seller's 3rd cousin who came over for dinner may very well see you as some scam artist and get on the phone getting who knows what authority involved.

The only thing I didn't care for was the color schemes.

I’d venture that many are not looking for a “get rich quick scheme” but in my opinion, are just seeking to learn “how”?

How many end up convicted of Ponzi schemes or other scams?