If your goal is to grow faster, buying rent ready properties isn't the usual way to do that if you have limited funds to start with.

my experience in SC which is basically limited to building about 35 new builds in Charleston market and funding a few flippers up by Augusta and a few flips in N.

The town of Shandaken has some pretty strict rules regarding STRs, requiring a "absent owner" STR to be owned for a year before it can be used as an STR, and also limiting the number of STRs to 100 properties.

Experts say it can be risky for an investment fund to operate this way, since it may require ever more participants to be brought on board, rather than making money from its business.More than 60% of RAD’s operating expenses in 2020, the most recent period for which the company has released audited financial information, consisted of asset-management fees and other payments to a separate company owned by Mendenhall and other RAD executives called RAD Management LLC, according to an analysis of the financial data.Those fees and payments amounted to more than $730,000 that year, RAD said.ADVERTISEMENT“We have limited operating capital, few significant assets and limited revenue from operations,” RAD wrote in the January document, which sought to raise up to about $58 million in new funds, for a total of $75 million of company shares.

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

You are limited in your options if something worse should come along later, such as a large investment going bad.If $10,000 CDN is a show stopper for you, how do you expect to manage a $600,000 CDN property? 

However, be prepared for limited inventory, higher competition, and possible compromises.

Here's an article with additional FAQs on cost segregation studies that you may find helpful and should answer some of your questions above. 

So yeah, my sympathy potential is VERY limited.

THEY ARE NOT LIMITED TO ONE PROPERTY.So, they can 1031 to 2 or more additional properties OR 1031 into a rental property plus a DST so that all the profits are used up in the exchange.