Networking, if done right produces a snowball effect where new leads generate even more leads and it goes on exponentially.

@Kyle GallowayI don’t think I would get any renters in my market if I did not include a fridge and oven I’m loathed to include a dishwasher but I’ve been advised in my high end market, I need those extras to attract busy tenants with families.

A stock portfolio that produces dividend income may help you qualify for a loan.

Converting a garage will most certainly be cheaper, though of course you lose a garage and it may not be the best use of the land area.On your original question, though ... these sort of smaller balance, no collateral construction loans are really risky and therefore hard to come by if you want any sort of attractive terms. 

You attract under market tenants.

The economy of Cyprus is growing and it attracts more and more people to live in or tourists visiting it during all year. 

Add to this a discount on the cash flows due to a risk profile, and that cash flow may not look nearly as attractive...

Most investments/business ventures, require a certain degree of upfront sweat equity to produce passive income.

Running a profitable business is one of the hardest things out there and letting someone have access to that can severely limit your upside potential.With the likely volatility in the stock market, real estate and notes will be attractive options.

And I like to own things outright - easier to sleep at night, since I'm the only income producer, but I know not always the best investment idea.