@Bill GulleyI wasn't anticipating, nor even expecting, you to advise on how this might play in Canada (that's why I tapped @Claude Boiron), but was hoping you might add some depth an clarity to Frank Chin's initial reply above (as typically practiced in the U.S.A.).It's intriguing, but the more I have dug into the idea, I'm still not convinced it's something I could pitch to a property owner easily.  

I can (and will) ask you for paystubs, bank statements, etc, but we can't anticipate what rent will be on the place you pick, so my generic preapproval is only as good as those assumptions.* When it's time to get property specific, I say "investor and/or realtor, my generic preapproval was based on the assumption of $X,000 in gross rents that you provided.

I do get the at furniture and silverware depreciate over 5 years, but 5 years from now when they are fully depreciated, I don't anticipate needing to buy a whole house full at once, so the expenses are higher to start.  

I really liked the idea of a smaller unit as my first real property renovation for resale, and anticipated ripping everything out to the studs on both floors and then rocking from basement up.

If there is even a discussion about the probability of interest rates falling, prices will rise in anticipation of a decrease.

Hm......how about: In anticipation of the party, I cleaned the gutters at the house and left the ladder standing up below their bedroom window and someone climbed in and robbed them and they claim that it's my fault.

Then we use it to run anticipated yield to structure offers to see the ROI based on the discounted pricing.

When they pop up for you at a distance it will be a lot of handyman calls or in rehabs you'll likely find more problems than you anticipated.

Drywaller is supposed to be there on Sat to start and promises finish by Tuesday.Sat eve rolls around and I drive to the project anticipating seeing walls and not bare framing to find...nothing.

I understand your point that if the invested money really is there, and it really is liquid, and it really did pay off what was anticipated, that the person would have some money to get through hard times.