While I would say that the majority of investors operate at a level where you understand how small of a world it is, and understand the damage burning bridges and relationships can be...

I think that giving, just like entrepreneurship, is all about adding value at the greatest possible impact level.

What is your level of experience with multifamily?

After that you will need to apply a thin layer of self-leveling compound.  

The “cost” of this lower level of risk is a lower yield on the money invested.

So I found a fixer upper foreclosure on the mls listed at 190k.

Some lenders might recognize some level of loan to cost(+/- 80%), but you will have to verify your expenses and they will make sure you are bellow 65% of the new value by appraising.I recommend that if you are serious you write a 1-2 page plan, put in a pro forma deal of an actual property you would buy, along with a breakdown of the rehab portion, how you plan to manage the tenants (or if you a have a professional manager), ect.

High level thinking: $100,000 purchase @ 6-7% commission = ~$6,000-$7,000.  

What is your tolerance level for not so nice areas?

You are in the upper part of the country, so you may want to market/list the property inmajor Canadian cities near your subject home (within Craigslist_if available, hospital community boards_ lunch rooms, major & prestigious Universities, and prestigious employer community bulletin boards.)