Depending on your market area and cash reserves private funding may be your best bet overall to extend your reach.

You would be seeking HML,private money,or an equity lender with loan,or a partner in the deal.Most of these investments are project based.Your 200k income could be here today and gone tomorrow.If you could provide more specific info it would help.

The area I am looking at is receiving higher S8 rents than the private market...

I was a futures/commodities trader for 10+ years (private).

That would be $60,000.So in all, the development costs would be around $175,000, all of which would probably have to be cash or privately funded.Also, you have the cost of the land.

Or you could do flips or do private lending to investors, but I'd be wary about doing it in Canada given the high valuations.

Looks like there was a private mortgage-( just regular guy's name for the deed of trust in 2008.)

He probably has a few connections he trusts... and he should be able to vouch for you as a customer (yearly work, total scope, pay on time, etc).Of course that also tells him you're looking past him for when he kicks the can so you'll have to figure out how to phrase that...

Those apps would operate a simple, intuitively apartment or private space.

You can certainly warn me privately and not publically if you choose.Back to the topic at hand, the 2% rule . . . .