. :)Potential Markets:Gulf Shores, ALCorolla, NCRockaway Beach, ORMyrtle Beach, SCCharleston, SCPort Aransas, TXOcean Shores, WA** I assume the California coastline is not cost-effective, I never see it on a list of recommended vacation rental.** We love and have connections to Hilton Head Island, SC but know it is hostile to STRs.** Slight bias against Florida due to anticipated stress and anxiety of watching a hurricane hit your vacation home annually, ha.

I'm a real estate investor who currently lives in Washington, DC.

Land lord tenant laws in most of California and Wa state are pretty similar to BC.If you plan on land lording on the west coast in Canada or the US you have to be prepared to travel if you want cash flow, as Theresa pointed out, and even then it will not be easy.

The buying frenzy of the second quarter of 2022 propelled national transaction activity, with cities like Atlanta, Phoenix, New York City, Los Angeles, and Washington, D.C., taking the lead.

Phila is a great market for low barrier to entry like NYC, washington DC or Boston. 

This answer applies to Philadelphia, DC, Pittsburgh ... lots of cities with shades of similar problems.West side for example Poppleton has 51% poverty rate like Kensington in Philadelphia.

Wrong, well two of them are in a part of dc that is rapidly declining & no one in the family wants to take care of (and he certainly cannot) and has deferred maintenance on both, the other two are beachfront and a block from the beach, one already got it by a hurricane (no damage, but did trigger a special assessment & insurance skyrocketed) the other one just being near saltwater for 70 years takes a toll on a place, the other thing that happen’s with real estate over time is appreciation eventually rapidly outpaces rent growth so these aren’t as big cash flows as you’d think, a decision is was made to keep these properties both for appreciation and of course stepped up basis (most of these properties he bought for nothing and then depreciated the hell out of) while he has great assets and it will all be fine in the ends and we are all very lucky he has the assets to cover my grandmothers care, frankly trying to figure all this when he’s 88 and everyone is stressed just isn’t ideal, he probably should have just 1031’d up certain properties that had environmental and/or let’s just say locational risk into new or very new construction in the easy to rent burbs like a decade ago, while the tax implications always make selling at tough proposition, I think at a certain point in everyone’s life especially if there are lucky enough to have kept properties for decades should transition them into these easiest assets they can find in their market (you can even put in a reit or more specifically a Delaware statutory trust) to make thing’s easier for them and their family once they are no longer capable of managing those properties themselves. 

(I targeted only off-market deals, but that will certainly change now)I'm just looking for an investor-friendly brokerage to hang my license in the DC Metro (MD, VA, and DC) now.Thanks to everyone, particularly Wale, for chiming in on this post.Best of luck to anyone who decides to dive in and be an agent as well.

Will it be more beneficial as a short term rental since it's somewhat close to Washington, DC?

Any savvy RE-friendly Lenders in my area (Eastern Washington)?