They will have a better idea as it isn't just how much you make, but how much debt you have and how much you've saved up for a down payment.Prices in Vancouver are extremely high, so I'd skip it. 

I am more focused on equity growth though, so I would like to purchase a “value add”  in a great area with a high chance of appreciation.

Unfortunately, it's highly unlikely a standard home/rental policy will cover flood or landslide. 

@Jack B.Tax planning for an orderly disposal can be fun and highly recommend you work with your team on this.  

I would highly recommend being as up front with any lender you work with and to find a broker/lender/lawyer team that is all on the same page from the beginning and are familiar with these types of transactions.

I would try a local commercial bank, you might be able to get in the high 7s for a full doc commercial loan. 

Or maybe it's to help highly optimized properties justify a higher ADR and therefore higher fees?

Active Income - Passive income, from rental real estate, is not subject to high effective tax rates.

Thank you again.If you can walk it with the contractor, that would be my #1 recommendation.As a distant second, you could gather up all the photos and vids you have and just send those to your contractor to get their high-level estimate.But, you want #1, not just because it's more accurate, but also because you get to ask your contractor questions as they walk the property to better understand what they are looking for!

And they ALL effect underwriting as well.