The downside is that the nature of project competition means you can get lower quality work and find a disconnect with those you work with since they are looking for more short-term work. 

From a lender's perspective (especially a note investor), a sub2 transaction lowers the value of your note because it is a defect.

We have a triplex with decent cashflow, but bought the property for significantly lower than a Multifamily would sell for in Ottawa.We’ve been thinking about getting into the Ottawa market- ideally student rentals.

What was the time frame?..

Anyone every heard of a realtor saboataging a buyer’s offer because they may have someone in the game with a lower offer that they want to get the deal?

However, everything I read about making a basement livable space says ceilings need to be 6'8 and now lower than 6'4 at the beams. 

You submit the form for the purchase price and the assessed value resets in the next year to the lower amount.

Some have lower standards simply because of rentals in C or D areas.

I know it usually needs to go through inspection, appraisal, and loan approval.What are the realistically fastest time frames for getting this done as fast as possible?

Name a market where you can sell something you don't own and buy it back later at a lower price.