You DO have a strong stomach.  

building to 300 units seems fantastic if you have the youth, stamina and stomach for that level of responsibility. 

That means that you must gave a high tolerance for risk and the stomach (and wallet) to ride out whatever problems occur between parties.I current face several similar deals in my inventory now.

I don't think we have the stomach or experience for a short sale on our first venture and it seems a pretty closed market.One of our key worries I'd resale in a few years as houses don't seem to be shifting fast in these areas.

Also, if you have the stomach for removing either the inspection or loan contingency that would help too.  

Missisauga and Brampton are great for appreciation as claude mentioned they are on a tear, IE over 10% year on year appreciation.Although I grew up near those areas and changed my market as I found cash flow basically impossible, the appreciation is fantastic though if you can stomach the carrying costs

Getting a new bank over the regulatory hump and started may be another option if you really have the stomach for that!

People eirher have the stomach for it or dont, and if you dont, you should buy higher class ones, just like I said.

Like you, I only had $7k into the entire reno and couldn't stomach it.Most of my interiors I pay myself about $150 per room. 

I completely agree with you here, it's the scenario where basically eyes are bigger than stomach.