It’s a simple strategy that can pay off big in the long run.

If your expenses are say $50k per year, you’d have a run rate of 4 years if you leverage it at 70-75%. 

They are an older investor that bought the property for their son to run, but he decided he was done with it and moved back home.

.$20.27 Subscribe & Save  Nippies - NippiesTrying to remain as G rated as possible...This goes to show that no matter how much you fine tune an algorithm, there are always anomalies and outliers...Stay tuned for more when I run things again in a few hours.

Paint has become quite expensive and costs can certainly run that high. 

Given its age, we’re planning for a roof replacement and two new AC units within the next few years, which we estimate will cost around 15 - 20k in total.Our single family rental, built in 2020, is newer, so we don't expect major repairs anytime soon.On average, the duplex runs about $400–500 per month in maintenance and repairs (including significant repairs like AC replacements), whereas the SFR averages under $100 per month.

Not run the business by advertising yourself value.

Instead, they seem focused on making use of it for as long as they can, trying to extract as much benefit as possible before the opportunity runs out.

Hi everyone, awesome to see so many Canadians on this thread.I work as a Mortgage Associate in Saskatoon and run the Saskatchewan Real Estate Podcast. 

Here's what I'm accounting for currently:Mortgage (P&I)InsuranceTaxesElectricWaterTrashInternetVRBO/Airbnb feesGeneral/RepairsCleaning (though these will be passed through)If i'm super conservative on my monthly rate, I will need to rent the unit 10 nights/month to break even, if I am more realistic with the rate (according to my realtor who runs two STRs), i'll need to rent it 7-8 nights/month to do so.