What kinds of tools/resources does everyone use for pricing?

Send me a DM, I'll send you some free resources.

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

So, the value is that an investor has zero financial risk on the front end and spends zero time creating the opportunity.  

Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?

I'm not sure if that would bring in enough money but it would certainly make things easier financially speaking while you built up your real estate portfolio. 

Many of our competitors would have walked away, leaving us with the upper hand.If you have the right mindset and the right resources, properties that others shy away from can become some of your best deals.Have you ever dealt with a property that took months to resolve?

Always happy to connect, share resources, or do what I can to help.

I believe such plans are offered by specialty divisions of the mainstream financial services providers like CIBC & RBC.