Events like this give the opportunity to meet and talk to investors from all over the country, doing different kind of investing, and with a varied amount of experience.

They tend to rely solely on property managers and fail to effectively oversee the management of the property.

This is only happening in areas that have a strong hotel presence, rural areas that rely on cabins or other STR do not have this problem.

my property appreciation varies from a low of $2700/month to over $10k/month.   

Others rely on networking... hooking up with probate or divorce attorneys who sometimes have leads on properties that aren’t widely marketed.If you decide to hire a property manager in the Jasper area, maybe chat with a few owners who’ve used them.

There are varying opinions on this but mine is: cheap never goes out of style.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Materials will be about the same, but labor may vary greatly on location.

(Process varies by jurisdiction)  If they know exactly when it is being removed, they can come rescue important items.

The information contained in this post is not to be relied upon.