(Government qualifications requirement)Unfortunately it took away 20% of Canadians buying power and hopes of ownership  which is kind of bitter / sweet situation. 

Sweet, I knew 70% was a basic rule of thumb.

Sweet!

The look on their faces a year later after I sold it was bitter sweet priceless.

You have to find that sweet-spot where any rehab work you do puts money in your pocket and is not money down the drain.I know markets where adding granite countertops won't get you $1 more in price (although it may sell faster) and other markets where granite adds a lot of value and it is hard to sell it without.  

@Emily B. sweet thanks!

They will probably put it under a commercial loan, so you'd be looking at probably a 20yr Amm, maybe you can sweet talk em into something longer.

sounds sweet

Short and sweet, I can do!

St Paul is the sweet spot, but not picky if a bank comes highly recommended.