How much land did you buy and can you use it as a recreational use until you are able to build?

Open lawn and wooded acreage, chapel, in-ground pool, basketball court, 3 smaller residences, and 2 large residence/dormitory buildings with kitchen, dining, meeting, and recreation facilities!

But if you live in more than one home, the IRS determines your primary residence by:Where you spend the most timeYour legal address listed for tax returns, with the USPS, on your driver’s license, and on your voter registration cardThe home that is near where you work or bank, recreational clubs where you’re a member, or other family members’ homesThese are simple tests, but it can get more complicated for a homeowner who has more than one home. 

There are tons of great threads and articles on here on how to look for and screen Property Managers, I'll let you dig through those and not re-create the wheel.

Arvit just go into the Real Estate Events and Happenings section here on the BiggerPockets forums and you'll see that there are plenty of ways for you to not recreate the wheel with other networking events already in place. 

Her Concerns:Current home location, cannot re-create for the price point we got into this house, $250KToo much debt to get started (target purchase price above), she suggested partners, and I agreedDoes not want to sell the rental property and put all the money into a new investmentBottom Line-I needs advice as to the best way to posture our family to move into a multi-unit property that will give better security in our current markets environment. 

I think that the main recreation season is only about 6 months so I would like to figure 50% occupancy to be safe which means $30000 per month on average for STR .

What is it that you use, and how can I recreate (read blatantly steal) your successful strategies?

Originally posted by @Scott Mac:Run down (Slum) 4 plexes go for $600,000 WOW.Do you know how many SFH's you could get in Detroit for that--Just WOW.Kelowna is lower BC mainland on Lake Okanagan also basically the warmest area of all of Canada along with a huge retirement mecca,  tons of great golf wineries  fruit orchards  Big white ski mtn 35 mtns  the lake it self is about 50 miles long and great for boating and recreation deep blue water. then the mtns are loaded with fishing lakes its really quite the place and this is big for semi Rural BC LOTS of medical..

Having lived here in Cedar Park for the last year I must say there is already a shockingly large amount of parks and recreation areas in town.