For example, during a guest stay a furnished vase falls and breaks.

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

Even though we try to get to know our residents during their stay, it is probably impossible to truly personalize a gift for each of them.

Hi Joel,I am interested in start doing the same as you to be using it for medium term rental (28+ day stays) arbitrage in GTA (as short-term rental stays (less than 28 days) are restricted).

Are there any lenders that anyone is aware of that would feel comfortable lending about 325k for a 5 unit property?

We could have held off for a higher offer as the market stayed strong.

No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.

There are so many rentals in the area, probably on shared wells, so those people have either decided the STR use is okay or they are comfortable risking it.My intuition is that any actual disagreement over water usage could be handled with the other owner; but the risk would be if the other owner just doesn't like the STR and wants to use the well agreement as a reason to demand it be shut down.Any advice would be greatly appreciated!

It all comes down to picking the right areas that work well with your personality and attract the type of clientele you feel comfortable working with. 

After I raised this issue with RTR, they knew they fu*ked and they paid me some money as compensation and asked me to stay quiet and not post anything negative (which I am clearly not doing).