I’ve come across details regarding the Prohibition on the Purchase of Residential Property by Non-Canadians Act, and it seems there are exceptions for buyers with a valid work permit or for properties outside Census Metropolitan Areas (CMA) or Census Agglomerations (CA).Do you know if certain types of work permits are more favorable for this purpose?

If you can find a seller willing to finance you might be able to get more favorable homes.

Also, HomeReady/HomePossible (Conventional loans) can be just as favorable for househacking but also bring Conventional Conforming income guidelines to the deal, rather than the more restrictive FHA guidelines. 

The majority of the business I do is buying small multi families and identifying the towns that are more favorable for investing. 

Please do yourself a favor and have them written out. 

Placed another 8 unit portfolio under contract in early March, unfortunately contract expired on April 23rd, couldn't secure favorable loan terms that wouldn't allow portfolio to meet cash flow numbers because banks changed lending practices due to Coronavirus pandemic.

@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking. 

I do think opening up your criteria, will work in your favor. 

@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.

If anyone does this, theyre likely doing it as a favor and not a for-profit venture.