Multifamily is incredibly complex and if you don't understand the metrics or calculations behind it, you're going to get burned. if you're just plugging numbers in until it "goes green", you are either going to miss out on deals or buy something you shouldn't. 

Cash flow also isn't a monthly metric but rather annual at best.  

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

The affordablity metric of Canadian RE works as follow: the closer your are to centres like Toronto, Vancouver, Montreal, the more expensive the property will be and t gets pricier, in the eye of those epicentres. 

Quote from @Greg Kasmer: I'm curious as to your comment on getting back in when the bottom has been "somewhat defined" - Is that defined by rents stabilizing and/or increasing or another metric?

Once that amount is reached, then continue setting aside cash for the next investment purchase. 

The "fast turn" metric would suggest that is a hot property. 

What's key with this metric is it has to be taken in context.

-Reach out to your Alderman's office.

Reach out to them/me if you would like to get on the list to meet some people!