Also, it’s not “Canada” that doesn’t allow damage deposits, it’s the exceptionally tenant friendly / landlord biased province you’ve invested in.

In reality, I’ll be able to rent out one of the two units, and I will live in the other unit with a few friends, so I’ll actually be living for free & positively cash flowing, with a good cushion for potential issues/disasters, but I know that’s not how it’ll appear on paper unfortunately. 

Had a friend recommend this site to me - and I've been on here everyday checking out the forums, listening to Brandon on the podcasts, what a great community here with infinite information!

My current list for friendly HELOC terms is Wells Fargo, TD Bank, TD Ameritrade, and M&T Bank,  Your local regional banks and credit unions are good options as well. 

A friend another  investor I know said he has a run down duplex C- neighborhood similar to property above, I had the cash but no money for rehab he sent me about 50 pictures and told me it was rough..

I don't think that would be a problem as I have a friend who has syndicated deals and personally signed for the loan.

We got several GC candidates recommended by friends and families, but they are either not licensed (without insurance), or not wanting to pull permits, or quoting way more than others... 

Very friendly, responsive and has extensive market knowledge (mostly in the fort worth/Arlington area).

We have also borrowed 'private funds' from a close friend (and are working on several other similar private lenders right now too) who is of retirement age and had funds to loan.

I just spoke with a friend who is also an investor and lender.