In addition to that...... in any market when ever a new employer comes to town you have to look into who they are employing and what THEIR budgets are.

Additionally, we can expect extra rental income in the offseason through airbnb. 

I think that in addition to my MF rentals that I want to pursue, I'm wanting to do a live-in flip (sell after 2 years to avoid taxes) on all my personal residences.Although Mindy, you brought up the fact that living in a construction zone stinks.

Good luck, and let me know you have any addition questions!

If you can find something that can qualify for the VA inspection, and be able to update it, you would be able to force appreciation, in addition to the tenants paying down your mortgage.

This one requires that you know your (assumed) returns from a property, your RRSP, TFSA, other investment, etc.My own spreadsheets take into account HELOC (or other borrowing) rates, but does not take into account the additional tax deductions you get from them. 

Are there any creative ways to be able to get mortgage approval for additional property over time ?

If you are really concerned, get an umbrella policy for additional coverage.  

The addresses in previous years were heavily weighted to lower value properties, probably reflecting subprime loans.  

Would it be a good idea to add more sqft and an additional bathroom to make the value of the home appraise for more?