I noticed that there have been updates to local regulations for short-term rentals, but it's not really clear to me if CC is really allowing it... or just allowing people to pay the hotel tax while they discuss it further.Also, does anyone know of any apartment complexes that are open to that sort of arrangement in an area close to downtown CC? 

Depending on you living arrangements sometimes 203k loans work.

I just need to find that perfect arrangement.

When doing a JV deal where 2 parties are each paying half the downpayment but only one party is on title, what is the best way to arrange the funds to keep the lenders happy?  

When doing a JV deal where 2 parties are each paying half the downpayment but only one party is on title, what is the best way to arrange the funds to keep the lenders happy?

enter into a landlord/tenant arrangement with someone I could not honestly even imagine evicting. 

I will have to arrange a GTA meetup in the new year.

I would say, "Fix it." too.The problem with the credit approach is it forces the buyer that have additional cash to afford the property and incur the construction work while they are trying to arrange a move and maybe sell their current home. 

@Ryan Nodurft - My recommendation is to find a few pros who specialize in real estate investing (many of the pros on here do just that) and arrange a conversation. 

Selling a house with tenants in it is much more of a pain because of arranging times with the tenant and avoid maximum inconvenience.