I am a currently working as a real estate agent for kw (new agent) but I also own a ceramic and flooring company and been in the construction business and environment since young.One of the first things I've done by researching here was to join the reia in my area.

@Derek AllenMost of the Big-5 owned brokerages will still allow a non-arms length mortgage to be held by a registered account (Self-directed RSP, TSA or RIF (not sure about RESP)) - but in today's interest  rate environment the costs and overhead of having your registered account lend to you is quite likely not a good use of funds.If you want to hold lend arms-length notes and hold mortgages in a registered account, the only lenders left doing this (as of 2012/2013) were:B2B Trust (a subsidiary of Laurentian Bank);Canada Western Trust;Olympia Trust; andEastern Trust (a boutique lender in NFLD). 

We only want to encourage you to buy smart, particularly in this market environment where deals are plentiful, no need to buy the first thing that comes along, new or otherwise, and pay a premium for it.

I tell them  they only have to take that environment for a year (Owner occupancy requirement) and then move out of the neighbor(hood).

I'd rather have a vacancy for 6 mo. or more (especially in today's Tenant Friendly Environment) than put a bad potentially nonpaying tenant in a building.

They pay 0.85% I believe, so in 1,000 years I'll be sipping rum punch in Hawaii from my earnings.

Does this guy really want to raise his child in that kind of environment? 

The things I learned in that multi seminar, paid education environment placed me years ahead of most "beginners".  

Additionally, one of the major issues with building here in Minnesota is the Tax and regulatory environment.

The househacking dynamic is not always an easy one, but you will learn so much about dealing with a tenant and understanding exactly the environment your tenants are living in.