As I start to accelerate my investing, I am beginning to get hit by more and more credit hard pulls as I am trying to get pre-approved to buy properties.

In such instances, they typically sell for below value and if you look long and hard you’ll find something in extremely good condition. 

@Ned Carey that is an excellent point If i work hard enough it doesn't matter if I'm at the closing or not as long as I can do my job as the wholesaler establishing a Win-Win scenario for both seller and flipper/renter.  

As long as both parties agree, the HA shouldn’t have a hard time with it.

In the future, you might look at more conventional renovation financing vs hard money. 

I am having a hard time even understanding the terms like CMHC.

why not secure a  construction loan that includes a portion of the purchase price and hard costs?  

So maybe starting out at higher interest rates with private lenders or  hard money lenders and then refinancing with the bank once you can show the bank a steady income? 

It almost seems too good to be true especially since the "hard work" has been done because tenants already reside.

I can't really think of any hard knocks lessons, but it is a learning curve compared to long term rentals.