A lot of information on here is geared to the US, but there is a decent group of Canadians on here too.

As a 5-unit, or even an 8-unit, you can find residential lenders offering residential DSCR loans.

VA loan

Who is going to get the construction loan and be the guarantor for it?

VA loan Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If they use hard money lenders those loans are EXPENSIVE loans because they are short term loans with no early payment penalties and they will also finance rehabs.

For a house hack with a first time buyer most will use a fha loan which allows for a 3.5-5% down payment.

.• Financing: Explore options like FHA loans, conventional loans, or portfolio loans.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

I am researching using a standard 203k loan in MD for my primary residence. 

I checked out their website.. they are showing C class and probably some D class rentalsCaution    they want you to get the loan and they are allegedly going to put some cash into these deals up front.. and you as investor get 60% ownership .. you are suppose to refi out in 5 years and pay them their cash plus 40% of the equity..