However, note that STR income may be considered active if you materially participate (e.g., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.

This allows us to participate in both pushing rents while also limiting vacancy exposure.

Can you please provide some context on which project you participated in?

Keep in mind that this comes with high turnover, and (often) students who will beat the hell out of the property!

I rent to students around a university.

The rental market is strong due to students and digital nomads.Managing a couple of tenants would not be too hard but managing a dozen, on the other hand, would be a nightmare.I am a bit torn.

I'm a second year accounting student in Ottawa ON and I have been looking into sales on assignment as a way to real way to get into the felid of real estate.

These properties appeal to students and low-income renters, especially if traditional housing is limited.

I know that's not the news you want to hear but perhaps hearing your story will lead to other helpful advice from forum participants.  

College students or families?