After their departure, I was surprised to receive a complaint from Airbnb about the cleanliness and amenities in my unit – which, to my knowledge, was in top condition as I always do thoughrough checks.The guests reported that the apartment was not clean, specifically mentioning dusty shelves and a non-working coffee maker.

This will improve the cash flow, but not necessarily something that will be reflected in the appraisal.Target STRs with poor photos, poor furnishings, is not listed on both airBnB and VRBO, have space (indoor and/or outdoor) that can be better utilized (make extra room into BR, convert outdoor space into something enjoying, etc).Traditional BRRRR with a finance to extract value is difficult.  

I really wish we had 30yr fixed rates, it would make real estate investing in Canada much less risky.Another side note is we also don't have 1031 exchanges, so you will have to pay taxes on disposal which will cut into your appreciation.

And as you know - action takers are money makers!!!

The production efficiency is much greater than traditional home building due to the ability to manufacture rooms/homes indoor, mass replication of standard designs, high durability of materials (so I’ve heard), and the ability to drop it on a slab without the need to dig out a foundation.

Sometimes it is difficult to know where to draw the line-- for me the following situations are not ok:any conditions that would allow a tenant to escrow rent,  must be fixed immediately. any evidence of a hoarding risk, Any evidence of hard drug use or any drug sales, Filth to a degree that would attract vermin or pests, Smoking in a renovated unit, evidence of destruction by tenants or pets (holes in doors, urine/stains on carpet, cigarette burns)Outside conditions that are unsafe or that vary from the norm for the neigborhood.

Think about basic things such as central HVAC and indoor plumbing. 

Hotels are expensive hence many people buy property here and rent it to holiday makers.

I experiment 🧪 building different indoor hydroponic systems which comes with the pleasure of documenting and watching veggies grow .

There are too many high performing assets to keep this one, transition into single family or 2-4 units and make real cash flow.