Also there is strict no refund policy, even from your wallet.

For example, if someone has a low credit score but a great investment deal, I might suggest finding an Individual Private Lender who cares more about the property than the borrower's financial status.)Differences:Hard Money and Private Money Companies: These usually follow strict rules and have more money to lend because they have many investors.Individuals: They might offer more flexible loan terms since they decide the rules themselves.

Also there is strict no refund policy, even from your wallet.

They also implemented very strict rules.

Alternatively, if your goal is strictly to find cashflow from day 1 (especially if you're coming in with a modest downpayment amount), then I would advise to focus in outer areas. 

Create a clear SOWHave a written ContractAsk for proof of Insurance/LicensesAgree on strict timelinesEstablish communication preferencesAdditionally - Create Incentives for meeting timelines.

Depending on how strict they are, they could make you tear them down or at least bring them up to current code with inspections.You might want to go down to the Building Dept (or call) and ask (without giving an address) what they would recommend.

This is strictly section 8 not paying the $250 increase. 

Look for lenders with experience working with Canadians and who understand the unique challenges and requirements involved.Consult with Canadian Banks: While you mentioned that Canadian banks have strict stipulations, it's still worth consulting with them to explore your options.

STR laws in NYC are very strict and the city wants all STRs wiped out so that hotels can profit, all bc of some tax issue.