Don’t be involved with those properties in ANY other way (management, lending, repairs, etc.) 

Marketing homes during this period involves creative strategies, such as seasonal staging and targeted online promotions, to attract buyers even amid holiday distractions.

STR has a lot more risk given the seasonality swings and I cannot understate the time involved in bookings and customer service.Having said that we DO have STRs here in St Augustine, Florida in prime areas in the $400s. 

This is a perfect time to get your qualified intermediary involved if you don't already have one.

We look to see the local market through our partner’s eyes and help them spot and rate opportunities and then we help them execute the best ones.We focus on real estate developers and GCs that have a track record of getting things built, but that are not so established that they have a large network of equity capital providers.

That could be something simple such as adjusting the amount of late fees or something more involved.

And keep an eye on what’s happening in the market, so you’re prepared when the time comes.House hacking is a fantastic way to start building wealth.

BUT I feel like I still have to have a ton of involvement especially with multiple rehabs etc, to dictate what expense is from what property and what the purchase was for etc. to be sure deductions and depreciation are correct.

I get involved in A LOT of side discussions (when a thread goes off the rails and away from the original post) on BiggerPockets.

I'm a local investor in Saskatoon and would be happy to connect and give you a local lense on this market or even feedback on properties you are eyeing up.