As you know, I'm probably the main proponent of the great investment opportunities Mexico offers on this site and I will help and support anyone who wants to take advantage of these great opportunities.

My main focus is Class B and maybe some C+ properties around NE Columbus, as well as outside 270 from the North to the east side.

One main regulation I find in Ontario Residencial Tenancy Act section 134 (3) states you cannot make a profit in subletting.

My only hurdle is the fact that I don't know the Real Estate Investing industry that well, so I don't know where or how to find the right documents for my wholesaling transactions.I've began generating pre-foreclosure leads, which I am able to filter out just ones with high equity, owner occupied, and no auction date, yet.

I know that my COC my be lower, etc but my main concern since its my first property is being cash flow positive.  

ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels;  only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said;  there is a small movement supporting rent by the room as a small step toward solving affordable housing. 

However, this structure provides two main benefits: 1) I don't have to build a big marketing machine to raise money.  

I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

Are you essentially saying the expected higher interest rate is the main issue with the strategy?