Also unless they have heard of this style before or you in an area where STRs are in demand it will be difficult to convince them that this is legitimate. 

I'd love the opportunity to get it furnished & styled within your budget.

@Rich Hupper - very true, in this case however, it'd be a relatively small deal for the big players - and it's not a traditional apartment building either - definitely more mom and pop style think large property where there's a 4-plex on one end and some single units in a separate building on the same property... this one also appears to be represented by a residential realtor and was listed on MLS and not loop net ...

I'm assuming this is an industrial/warehouse style building (if its prime retail that's a different story), so I can't imagine that selling for an 8 cap in our market, let alone a 9 cap (especially because you as the purchaser are already paying for CAM).  

What numbers would you suggest targeting for the type/style of investment I am describing? 

Of course, there are ways to skirt this (namely through appointment-style visits arranged through free online services like Craigslist).

At what unit count or dollar amount do you typically start to see sellers operating more by the numbers and less by per unit residential style valuation?

I really like your idea of variable mortgage with a fixed style of payments @Roy N. and I have thought about doing something like this for some time, but was never sure what I should do or if I should.

Good day all, My wife and I recently moved to Toronto and would like to continue our investment goals.As the building style, laws and what to look out for when buying property is different from what I'm use to, being South African, I've got a couple questions that I would like to put out there.- I've found some house inspectors on the web, are there any that comes recommended for the GTA?

Nothing like a resort style, it is a limited service type hotel and our research for site qualification is more focused on surrounding businesses and professional clients (or students/people related to the university that stay for extended periods of time)