Best bet is to buy older homes that's renovated inside or you can renovate after purchasing and because older homes have at least 6 vehicle parking.

So, you're not "wrong" in thinking it's complicated.The tax code plays heavily into how certain transactions are categorized and there is some flexibility regarding what we can capitalize versus deduct.

You'll need to chat with both lenders to see how flexible they are.

Quote from @Yehuda Spiewac: Hi all, I’ve seen some talk lately about co-listing on Airbnb as a good market to enter without requiring a lot of capital and being able to manage on a more flexible schedule.

For long-term rental (LTR) investors, an ideal private loan would offer competitive interest rates, reasonable fees, and flexibility on terms such as prepayment penalties.

Offer a clear ROI, discounted price, flexible terms, assignability, value-add opportunities, comprehensive information, incentives, and quick closing.

If you want to be able to fly out, Calgary or Edmonton are your best bet. 

I would say your best bets is a gym as a tenant amenity or a community room that tenants can rent for family functions, parties, etc. 

When deciding between them, looks for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.

Given your goal of preserving equity and achieving steady cash flow, DSTs align well with this objective.4. 1031 Exchange Flexibility: Since DSTs are eligible for 1031 exchanges, they allow you to defer capital gains taxes when transitioning from active to passive investments.