I'd like to collaborate with you on this.

As a screening tool, I ask for proof of funds before we bother a tenant and show the property. 

REITS can be more highly volatile where they have super strong years and really negative years for returns.An UPREIT is another tool in the toolbelt of investing.

Tools like Airdna and Pricelabs can help too, you just need to filter out STRs.Let me know how I can help

Christian  I would highly recommend Dealcheck free versionhttps://dealcheck.io/But make sure you give all estimates from tools  a  margin of error.

Hey @Raif HarrisTo get a solid sense of occupancy rates, look into tools like AirDNA or Mashvisor, which offer specific short-term rental data, including occupancy and average daily rates for different areas.

The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor FinderIt’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals.

Make sure it is somewhere easily accessible that doesn’t require any tools to turn off.  

Use those tools they will play nicely in this industry as well.If you ever want a Hard Money tutorial or tips on markets or how to identify a good project then just PM me.

This is definitely a nice tool to have if you want to use it to buy a new property in all cash, but keep in mind that you'll need some type of takeout loan after the purchase to payoff the Heloc.