I don't have much advice as now the profits are gone and it seems like the best thing to do is to get your money out the deal and move on.  

I would also consider MTR in these markets as it is highly profitable with less turnover and more options for guests.

Otherwise, like any investment, profits get eaten up and headaches balloon. 

They have a great bearing on your profitability, but they don't affect the rent.

You can be the money partner, and the other partner can manage the operations and then you can both split the profit. 

Now we are in 2025 and although I still own the trucking company, it has been an inconsistent pit that has technically brought me personally no profit.

At $1,700 a month, I would profit $300 which would go towards my new rent which is $475 a month.

You might find the answers to your questions there but I know that the search function is less then optimal so feel free to send me a DM if you don't easily find what you're looking for.I've never bothered commenting much about Canada because, until recently, it made no sense for US investors to invest in Canada: much less favorable mortgage conditions if they could even get one, much more expensive prices on average and much less profitable on average.

However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.

I think outside of just what area is going to be the most profitable or best investment, you also need to think about where you are going to be happy.