The seller got to keep the buyer's money that was paid upfront, and was effectively in the same place they were before they sold, except with several million more dollars in their pocket.  

Tools like Airdna and Pricelabs can help too, you just need to filter out STRs.Let me know how I can help

And finally, the profit gap can be low as these houses are sold for the median home priceWhat you guys can suggest/advise from your own experience?

It was a hassle (we had full insurance, but the rates increased significantly but we had large payouts twice), so we sold it. 

We sold it maybe a dozen years ago after it got hit in consecutive years by hurricanes.  

Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor FinderIt’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals.

Make sure it is somewhere easily accessible that doesn’t require any tools to turn off.  

Sold products for my day job in South America. 

Quote from @James Brand: Not having issues, but since Stessa ultimately is the tool I use to manage my books it seems like a natural connection would be an accountant familiar with the tool.