We are focusing to offer and developpe in that ideally located area, 20 min from Beaches or Downtown, high quality turn key family home below a Million dollar.there is a huge demand and need for renters living and working in the west side and surrounding who can't afford to buy where they live.

As an example I’m managing multiple multi-million dollar deals at a single time, but yet am compensated at a single, flat rate.

If you own $5.0 million in property with $2.5 in equity, you should be able to get at least $1.0 million commercial HELOC (since it's  70% LTV but you may find someone willing to do 75% LTV) but they will encumber all your properties in this situation. 

A good book is Dave Lindahl's Multifamily Millions, it teaches a lot and is a solid primer on "Multifamily 101".

@Brandon Turner always says that 50% of a great deal is better than 100% of no deal, but what about a small percentage of a large deal vs 100% of a smaller deal?It seems like there is a lot of love for syndication and...

I would probably choose whichever is in the best neighborhood/area to thus attract the best tenants.

Where I think this deal starts to look less attractive is:There's no depreciation on land (I don't know Canadian tax laws, so take this with a grain of salt). 

The few I've seen are actually quite attractive.

Whether your exchange is $100,000 or $1 million, DST investments can be sized to fit your exchange.

The expense cannot exceed the lesser of (1) 2% of the eligible building property’s unadjusted basis or (2) $10,000Also, I am sure this is not an issue but just to provide you with the complete information, you have to meet the Small taxpayer definition:Qualifying small taxpayers should have $10 million or less in average annual gross receipts for the three preceding tax years, and eligible building property is a building unit of property that the taxpayer owns or leases with an unadjusted basis of $1 million or less.