Do your research and know your chosen market inside and out (ideally visiting for a week or more to get the local feel).

A little bit about me I was arrested in 2020 for drug possession and while incarcerated I got my hands on FLIP the book by Gary Keller, Rick Vallani, and Clay Davis along with the Millionaire Real Estate investor and agent books of the series, I became an avid reader staying away from the temptations of criminal lifestyles and am glad to announce I was chosen for the work release program right here in Chicago IL.

@Lake Lutes, oh of course for the 1-2% of us that have chosen a different life or even for those here on BP that have chosen to learn about a different life.

Alternatively, (or in addition) I'd love to hear from anyone with experience in STRs that would be willing to give a snapshot of the numbers in their chosen markets.

The plumbing and electrical is in place and the cabinets are being chosen.

They have chosen not to pay because they can’t be kicked out.  

As in the only people I have had to evict were either chosen by PMs or other landlords and I inherited them when I bought the properties.(1) Find ambitious people. 

It will also show you the “normal” allocation of which closing costs are paid by the seller and the buyer.Your EM normally gets paid to the title company chosen (the contract you’ll review shows who typically picks them) within 1-3 days after contract execution.

@Vin Gupta why have you chosen to diversify into Canada, out of curiosity? 

That is a more apples to apples scenario to evaluate.As a plan provider, we have worked with thousands of clients who have chosen to diversify their tax-sheltered savings into real estate and other alternative assets and achieved success.