you don't buy with long term / conventional financing and then refinance again into long term / conventional financing - many properties are too distressed to even qualify. so the "interest rate when purchasing" is irrelevant - the deal either works or it doesn't.

The tenant pool can be lower end in Winnipeg but if you invest in the right areas it will often qualify for CMHC financing in terms of affordability. 

You won't have any problem finding someone qualified to help you sell and purchase.

If you need to qualify why you're doing something, you probably need to disqualify yourself.

You should be able to get some people there who are qualified to do that kind of research for you. 

Glad to hear that you have actually done a partnership like this, or any partnership in fact, therefore you're qualified to share your opinion unlike some of us who have not done a partnership and should not be allowed to comment.Despite investing through through the tech bubble, Argentine currency crisis, the shale boom, through the GFC, through global markets, through polar vortex's, through the oil drop in 2014 with Russia, there's no way I could qualify to come up with a legitimate and qualified response to such a partnership. 

The problem (as you have cited) is trying to understand what you need (you don't know what you don't know), where to get it, qualifying its source(s), and the validity and usefulness of all that.Pardon me if I've gone into this too much, but I meet many people with the same concerns that you are voicing and this is offered, as much as possible in direct response to your post.Please feel free to contact me if you have any comments or questions. 

Because the number of qualifying risk/return deals is just not large enough to handle that amount of money at one time.

What I take some issue with is the techniques that guru's use to up sell and so on .. and they do nothing to qualify if the person paying them if the program does not work they are now into debt to the eyeballs and so on but then again who are we to say at some point.. think of  Hewlet and Packard they went into 15k worth of debt to start HP in late 40s or early 50s and that was a ton of money then :)

They were not terrible, some people would call them C minus, and it wasn't even that much about financial considerations at the time (appreciation was not a thing back then in Milwaukee) but just not what I wanted to own or manage, so I sold them to them tenants - after quite a bit of financial coaching to get them to qualify for a loan.My standard advice is always to buy the best quality property you can afford.