It means going by properties a couple times a month when occupied and daily when empty. 

You are now losing money daily that you will likely never get back if your tennat is evicted or leaves.

I get approach  sent letters daily etc etc by wholesalers out east .. waste of my time. .most are beginners don't know a deal from a barn door.If I lived out your way and that is the culture I would play.. but for me personally nope..

One of the most rewarding things from a financial, familial and personal standpoint.It took a great amount of time getting prepared both mentally and financially for the endeavor.I do not mind fielding a text from a tenant on occasion, or unclogging a toilet, the day I do I will hire a property manager.I pinch myself daily.

@Kai Van LeuvenCouole thoughts on the pet policy.Yes it’s fairly standard to charge an additional security deposit ( as carpets will most likely require additional attention for pet hair).

I am on BiggerPockets daily, and continue to be inspired by the webinars and forums which have been VERY helpful in my education.Since Canadian market/regulations are different from the US, I wanted to start a discussion to learn more about the experiences of Canadian investors: how/where they're investing in Canada (or globally) and any examples of deals or success stories you can share.

I look at:- Revenue/Profit by Channel to understand most valuable channel- Revenue/Profit By Month to understand seasonality- Booking Lead time to understand behaviours -- important to know to determine ideal time to drop prices- Days booked/month and average daily rate/monthI'll update if I start mining others

If you have time, attend a few of the BP meetups, there are alot of investors with experience and business cards that show up.I must say; Kingwood to La Porte.... that is a LONG daily commute.

This is the second flip where we have realized during multiple weeks the contractor had not completed any work, and we have already put a clause in the work contract that if the work is not completed by a certain day, there is a daily financial penalty (200$ a day).

Thanks for putting this question out there - personally, using a daily journal has helped to keep me focused on my short- and long-term goals.