I invest in STRs in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Property Info:Address: 1009 Hickory Rd, Windsor, Ontario Note: This property is located in East Windsor, which is a better part of town.Property type: Triplex - 2 upper units, one bedroom each. 1 Lower unit with three bedrooms.Costs: Asking price: $249,000 CADAssuming $10,000 CAD for closing costs, taxes, appraisalsMortgage: 20% Down, 30 Year amortization @ 4%Total initial investment: $59,800Calculated NOI:Listing data claims the property is earning $2800/mo in rental income; CMHC rental reports suggest the average rental income for 2x 1 bedroom units and 1x 3 bedroom units will bring in closer to $2500.

Higher interest than can be earned reinvesting proceeds of a cash sale.

Account Closed I can't speak to the validity of Joe's post, but I can tell you that we are running STR units in Tampa and are earning signifcantly more that we would be earning on a LT basis, after netting out all the expenses.

It was suggested that I get that license so that in addition to management, I could earn commission on an occasional real estate deal.   

Yes, engaging a great VA can easily earn you back enough of your time to make it a no-brainer to pay them $11/hour or even more!

Start getting some buy and holds in the Midwest and watch them earn! 

Those entities are required to lend at fair market rates and be taxed appropriately for the earnings from such a loan. 

Earning a lower CoC return while learning the business could be a better way to manage overall risk.When it comes to financial freedom, you can absolutely achieve this with cash flowing real estate. 

It's a quick way to "earn your stripes" and expedite the learning curve with analyzing deals.I currently make offers without seeing properties because I know my areas really well.