Keep the temperature at some minimum and then charge rent accordingly?

I'd really like to know if there's a viable market especially with the rising house prices and demand in the GTA and Hamilton.

Good news, values rising-  Bad news, expensive to start out!

The cost of services will continue to rise along with the cost of goods.

Well then, you will have negative amortization, the principle balance rising, while making the reduced payments.  

Move in with your 203k, rent out all of the spare bedrooms or extra apartment for cash flow, and in a year or so, assuming the market is still rising, sell it for a profit.

Ultimately we decided to close due to rising costs and only 6k of net profit at the end of our last year.At this time I am not in a position financially to purchase anything through a bank, not because of credit (I have a good score) but because I have no cash left after closing our business and paying off everything.  

I read that Cleveland is on the rise, is this true?

How ya feeling about the 2017 national multifamily market in view of the facts: Toppy stock market that people fear, stagnant personal incomes in many areas, 80% LTV's, rent growth rates slowing, new construction financing difficult to get, many markets overbuilt, historically low cap rates even after interest rates are up .75% since Nov. 1, multiple offers on listed deals requiring you to put down "hard" earnest money, 120+ real estate crowdfunding sites, TONS of multifamily newbies getting into their first deals, TONS of sponsors promoting multifamily deals, TONS of multifamily training courses, TONS of multifamily blogs and podcasts, several new books on apartment investing, aggressive sponsors who predict 5% rent growth and 20% IRR's because their exit cap rate is the same or lower than they are buying it at (not realistic in a period of rising rates), and I'm sure I've missed some stuff. 

I think Lisa Murkowski just got sworn and has the capability to get a lot of Federal dollars back into the state and multiple native corps have announced that they plan to start spending money this year as apposed to last year where they were not doing so much of that. 99% of the owner occupied investors I worked with last year and this year are pushing hard to get into a property because there is a constant battle against the rising interest rate that is a write off and other people technically are paying (tenants) but is really affecting your cash flow.