When a seller is motivated, and their need is firmly established, as a wise and creative investor, you can put all of the elements of the deal together.

I worked at many establishments where the clientele  was top notch and i always knew i would never achieve that kind of status while being a bartender.

Who would be potential established builders to contact for this type of project?

I recommend Anderson Advisors because they are at the top of their game and are (IMO) the best at what they do. 

Then our city established a new law by which we can only use the 2.5x multiplier on the amount of the tenant portion of the rent.

I know there are others who have moved just to establish in another market.....the Syrios brothers (BP Podcast 121) did a whole podcast on thier move to Kansas City.  

@Pamela StarnesI cannot recommend specific firm(s), but would encourage you to evaluate the various business models available, between having a 3rd party IRA custodian, establishing a Checkbook IRA LLC or a Solo 401(k).  

As for consulting your "financial advisor" if they are in the position to sell you something (stocks, mutual funds) they are going to advise against it.  

I am researching this last point as I would like to establish whether smoke is a strict requirement of the regulations.I do know from meetings of a landlord association that the big corporate landlords in Ontario are moving to inspect smoke alarms twice yearly as a matter of routine.

I am new at this and I am trying to establish my business before I even get started.