So some quick advice would be to focus on areas that either have no interest or future interest in regulating STRs or areas that already have established policies that are working for them and that have reasonable qualifications to entry.  

However, I would contend that Ontario is central Canada, not East - there's another ~2000km of Canada east of Ontario ;-) Those 1%, 2%, xx% "rules" you read about here on BP are more correctly "rules of thumb" and can be useful to quickly triage a property when you encounter it.  

.- If we buy a couple thousand acres of ranch land, but want to turn it into a wind or solar farm, how quickly does the land need to become active with the actual farming of natural resources?

If you get 2 cards with $10,000 limits at 0% you'll be able to pay them down fairly quickly with the rent.  

Your strategy may depend based on area but in my instance I don't have to worry about finding someone quickly if needed. 

Unless you commit to a major gut renovation, it's not going to look good, so figure out your own quick-fix options from there.

On Smaller deals minimum 30%, unless it's a simple quick flip.

Quick question.. when wholesaling, what do you do about taxes and the IRS?

They are necessary repairs and will make it easier to quickly find new tenants after your current tenants move out.

I've been noticing in my city that newly listed home are having penning contracts super quickly.