One tenant in particular that was a nightmare (we had to evict and learned some HARD lessons with house standards), which impacted another tenant who started also being difficult. 

One common obstacle is dealing with higher interest rates compared to traditional financing, which can impact profit margins.

More cumbersome and a definite impact is the rent control law.  

Here are some specific questions i have:1. are there certain locations where revenues may be impacted by seasonal weather changes, like for example heavy rainfall for 1 out of 3-4 months will drop revenue significantly, or excessive heat/cold for seasons will bring significantly less customers?

But, they will also increase long-term returns for landlords in the areas they are implemented, because they will inhibit new development and improvement of existing housing stock.Every law that imposes "protections" for renters has the long-term impact of limiting supply.

Thanks @Kevin Sobilo, I hadn't thought about the inflation factor-which is impactful.  

Every metric a STR owner should be tracking is impacted (significantly). 

However, consider the impact on the current bathroom-to-bedroom ratio and whether the loss of the open loft space might affect some buyers' interest.Vancouver's real estate market has been strong, with increasing home values.

.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

All the soft costs plus impact taxes.