Depending on your market area and cash reserves private funding may be your best bet overall to extend your reach.

You would be seeking HML,private money,or an equity lender with loan,or a partner in the deal.Most of these investments are project based.Your 200k income could be here today and gone tomorrow.If you could provide more specific info it would help.

The area I am looking at is receiving higher S8 rents than the private market...

I was a futures/commodities trader for 10+ years (private).

That would be $60,000.So in all, the development costs would be around $175,000, all of which would probably have to be cash or privately funded.Also, you have the cost of the land.

Or you could do flips or do private lending to investors, but I'd be wary about doing it in Canada given the high valuations.

Looks like there was a private mortgage-( just regular guy's name for the deed of trust in 2008.)

Those apps would operate a simple, intuitively apartment or private space.

You can certainly warn me privately and not publically if you choose.Back to the topic at hand, the 2% rule . . . .

The best part is all of the money I've used for these deals will come from a loan I got through Lending Club.I'm still working on my presentation for getting private investors and I plan to get that started soon.