And this doesn't just go for bigger groups - even singles or couples might be surprised at how much less a one-bedroom apartment or small cottage costs on the vacation rental market compared to a hotel room.You might find a vacation rental to be less costly, in general, rather than a hotel.

I know the prices are incredibly high in the GTA, so an alternative option might be to get a cottage or purchase somewhere in a tourist town which you can rent on Airbnb. 

Anyone have any thoughts on a 3 -season cottage for a STR?

Should I invite keynote speakers and provide finger foods with exotic cheeses from all across the world?

LOLMy fees involve whine and cheese. 

Room rentals are a cottage industry here. 

Nope, the confusion was caused by a case of me having Swiss-Cheese-brain 🤦‍♂️You're right . . . #3 would be the winner-winner chicken dinner for me UNLESS I had a better use for the 11.5% difference in down-payment amount. 

my original post wasnt meant to be a "where should I start reading/learning" post. it was supposed to be a " how do you focus down when there are more options than a cheese cake factory menu?"

I'm curious what the value could be of a 2 cottage property in Virginia Beach. 

Last year we bought 2 cottages on 1 parcel of land...