If you're bringing in investors, be sure to break out their projected return from yours, and of course do the deal in a securities compliant manner.

Basic summary, I'm securing an off-market deal on a SFH that has a 10+ year tenant (on a month-to-month lease) who is paying well under market rent. 

investors that just got in the game post 2009  were spoiled in thinking that everything had to cash flow with minimum down and cash flow positive a lot.. when in reality in a strong market with good demand safe secure properties  minimum down break even is a great out come and many times a little bit negative while you wait for rents to inch up. .you make your money in appreciation and tax write offs and your tenant paying your mortgage for you.. 

Security         $?????????

My credit history is not great (missed couple of payments few years back) and I am having tough time securing a loan (borrowing close to million dollars).

I have learned so many underwriting techniques like:1) Income is based on the T3 (last 3 months) while expenses are based on the T12 (last 12 months)2) If the T12 provided is less than 12 months than you need to annualize the expenses3) how to work the deal analyzer calculator   Another thing I do is I underwrite deals myself to see if I get the same calculations as my mentor.

The backbone to investing is security and you build security of your own entity by clearing up your finances and presenting a strong product to use the great benefits of the VA loan.

The bank knowing this, I'm sure they will be asking to secure an employment first and that brings me to my next question. 

I am a beginner living in British Columbia, Canada, all the strategies and techniques taught in bigger pocket books and on social media platforms, are they applicable in Canada too?

This house's basement was flooded to the ceiling, submerging the oil burning furnace, heating oil tank, security system panel, electrical panel, and water heater.