BRRRR by David GreeneAlso, I second Brennen Thompson's recommendations.Spend a few months reading the books and listening to podcasts.

Originally posted by @Spencer Gray:@Joe S. 

And I know of several cases of multi year holds where the exchange was disallowed because the Service said the exchanger had not demonstrated their intent to hold and were in fact trying to sell the entire time.So as ishy and squishy and gray as it is - Your intent is the standard. 

This topic comes up every few months... here are some threads (search 'canadian books')https://www.biggerpockets.com/...https://www.biggerpockets.com/...My top 3 (in no particular order):-Commercial Real Estate Investing in Canada (Boiron and Boiron)-Making Money in Real Estate (Gray)-Legal, Tax, & Accounting Strategies for the Canadian Real Estate Investor (Cohen and Dube)-

@Simmy Thompson Unfortunatley, there are a lot of investors in the same situation as you because of these guys.

Quote from @Brennen Thompson: Hey Dave, Definitely a tough call! 

@Chauncy Gray I just converted 1 traditional rentals to STR.

@Mason AdelmanDavid Lindhal- emerging markets I would also read Don Campbell (these are Canadian based but highly applicable conceptually) 97 Tips for Canadian Investors as well as Real Estate Investing in Canada 2.0Read some property management books also, Mike Butler has a good one, the BP Managing Rental Properties one is fairly good, Douglas Gray has a great one (extremely thorough but Canadian based, again, concepts applicable).

Quote from @Myrtle Mike Thompson: @AJ Wong encourage your clients to look at South Carolina. 

@Sean Thompson thanks for the insight Sean.