I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people. 

One I close on that house, I plan to go buy a good lot and get a decent builder to build the next one. 

I used to live in the lower mainland but invested where the numbers work like Vancouver Island or Northern BC.

At the end the response, the LLM will pose very useful and intelligent follow-up questions.

Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best. 

However, the next time I buy a house, if it's a buyer's market and I know the area I want to purchase well, I'll repeat this process if it's in a state with straightforward contracts.

Rodrigues' recommendation may change this), but my next question would be, are there any cities/markets where 1 of the following are true: 1) You have family/friends that live there, 2) You travel there frequently (either for vacation, work, etc.), or 3) Somewhere else you've lived before AND know the area well?

Is the backup to use it as an STR during these months?

If so, how was the experience ? 

Buy a sofa and keep the sofa bed to keep the extra-capacity, at the risk of cluttering the living room too much?