Also, take the initiative to reach out to people, rather than waiting on people to reach out to you.

It was listed on the MLS and I made an offer but they did not accept it initially and went with another buyer, which they backed out after the inspection.

Under MLI Select it said Purchase/refinanceOPTION A: 80% of units: maximum rent is ator below 30th percentile of rents (CMHC in thesubject market) for units of similar type (numberof bedrooms)OROPTION B: Project approved under otherhousing programs/initiatives (municipal, provincialor federal) that provide support for developmentof affordable housing such as capital grants,municipal concessions or expedited planningOROPTION C: Social housing projects with upto 5 years remaining on operating agreement:additional criteria applyNote: For all options, the affordability of designatedunits must be maintained for a minimum of 10 years.Affordable units are subject to provincially allowableannual rent increase or CPI.Pretty vague description and doesn't speak to the point system so i'm waiting to hear back for clarification.  

I am currently thinking about another alternative where he would sell us the property at a loss or the initial purchase prices and then we would structure the remaining equity into a loan to us so he would only receive loan back payments which shouldn't be taxable income. 

She then said she had another one that she could sell together with the initial one.

She then said she had another one that she could sell together with the initial one.

They would still not pay it all but we only ended up having to come out of pocket about $5k as opposed to what they were initially trying to get us to pay out of pocket.

During the initial planning of the project, we agreed to an amount for the work/completion date but there was no contract signed/created. 

This townhouse should be able to cashflow $300-500 per month with an initial investment of $97k.

I don't have any direct experience with real estate investing but I've been inspired by the amount of internet research I've done, talking to a few friends, and my readings (i.e How to Invest in Real Estate, Rich Dad Poor Dad, 12 week year, etc.).I'm interested in initially just buying a house and renting it out to a few people, and then eventually getting into BRRRR sometime afterwords.Would love to connect with anyone out here!