Their underwriting has also become more conservative and cautious.

The danger of signing up with promoters of a tax strategy.A lot of times, you hear about a specific tax strategy (REPS, STRs, syndications, 1031s, DSTs, conservation easements, and so on) from promoters who target a specific group of people.

My cost to operate using their current expenditures (which I have intentions to reduce) would be at $400,000 conservatively. 

Hi Ramdi,Great to see you're exploring private money lending as a financing option→ it's a smart move, especially if you're looking to scale while conserving your own capital.

Many landlords on this forum miss this - they often tend to be conservative in their political values - conservative policies, in that sense that they are "landlord friendly" also tend to go hand in hand with policies that make adding new supply easy.

Vancouver promotes water conservation, so including water-efficient fixtures could be a selling point.Remember, while these additions can add significant value, the exact ROI will depend on your local real estate submarket, the quality of the work, and how well the new spaces integrate with your existing home layout.Please reach out, I can help you with the funding of the project.Regards,Jackson

But it will be complicated by different factors such as flood zone, topology, conservation area, easements, access to roads and more.Zoning - check the code and check site zoning.

You could buy two $200K properties for cash if you're in a conservative mood. 

The numbers I ran yield a decent 300-450 cash flow depending on how conservative I want to be with reserve and property management fees. 

It is worth ~$700k above my costs including the rehab costs and today it has positive cash flow at my conservative underwriting.