However, based on my revenue projections and factoring in a 25% commission for professional property management, it seems unlikely to generate significant cash flow unless they can significantly boost revenue.I'm open to working with a professional PM if they can guarantee decent cash flow.

I'm assuming I'll get a lower cap on that and my only way to add value is by increasing rents annually based on the provincial max amount allowed to increase rents?

Loan approval is mostly based on projected rental income, similar to commercial properties.Disadvantages - higher interest rates and can be a riskier investment. 

I'm a wholesaler/investor based in NY who work in other markets looking for other investors to collaborate with and are involved in networking groups!

Basing maintenance/cap ex as a percentage of rent is not smart even though many rent calculators use percentage.

Hi Wade,DSCR loans are business-purpose loans that qualifies lenders based on their credit score and rent/debt ratio (rent/PITI). 

Dwayne,It is unlikely that anyone can give you an accurate comparison based on just the info you gave. 

It feels like one requires the other...refi requires good credit...good credit requires the refi...Does someone have some insights as to how to do a home equity line of credit based on an appraisal and with a low credit score?  

Either with residential or commercial, yes, there are programs that would allow you qualify based on income/debt.

Are they willing to provide a few months of bank statements and last years tax return showing matching income?