Additionally, I have a decent amount of flexibility at this job and experience large periods of downtime on a daily/weekly basis. 

Since then he has mostly bought apartment complexes and has never lost any money and talks down about owning less than 32 units which usually allows you the chance of hiring an experienced Property Management Company to handle the daily operation that includes the screening and maintenance and you just manage the managers and get regular (once a week) financial statements and you still have positive cash flow.

Generally accepted contract (look at the lease people sign daily with apartments) "three times" means overnight stays.

Big white has the monopoly and STR rentals need to go through their pool and they craw 50% of your daily rates. 

It means going by properties a couple times a month when occupied and daily when empty. 

You are now losing money daily that you will likely never get back if your tennat is evicted or leaves.

I get approach  sent letters daily etc etc by wholesalers out east .. waste of my time. .most are beginners don't know a deal from a barn door.If I lived out your way and that is the culture I would play.. but for me personally nope..

One of the most rewarding things from a financial, familial and personal standpoint.It took a great amount of time getting prepared both mentally and financially for the endeavor.I do not mind fielding a text from a tenant on occasion, or unclogging a toilet, the day I do I will hire a property manager.I pinch myself daily.

I am on BiggerPockets daily, and continue to be inspired by the webinars and forums which have been VERY helpful in my education.Since Canadian market/regulations are different from the US, I wanted to start a discussion to learn more about the experiences of Canadian investors: how/where they're investing in Canada (or globally) and any examples of deals or success stories you can share.

I look at:- Revenue/Profit by Channel to understand most valuable channel- Revenue/Profit By Month to understand seasonality- Booking Lead time to understand behaviours -- important to know to determine ideal time to drop prices- Days booked/month and average daily rate/monthI'll update if I start mining others