@Kareem LyonsI run a good sized real estate team with a lot of successful agents. 

@Linda Govan  the lot size is 25x125 - 3,875 sq ft.

Then purchase a property that will cash flow and rent to a stranger whom you screen first.

Unfortunately with the market being 1/10th the size of America (population being 1/10th) there is less demand for Canadian specific content. 

Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!

What are the pros and cons of such deal versus a comparably sized and located investment in a classic multi family (...where you own the building and land directly).Any resources you guys have that I can educate myself on?

Additionally, Biggerpockets has investors from various sizes units ...

Anything longer and they need to complete the application screening process and be added to the lease.

This way you can properly screen them and establish a clean /proper lease.

We call it the ping-pong table, as that's about the size.  5-feet is too far to reach when passing out food to those on the other side.