A combination of lack of infrastructure partnered with historic highs in population growth specifically in new international students pouring into the area to attend Cape Breton University, has presented less then a 1% vacancy rate on the island. 

In that case, a premium can help discourage back-to-back bookings or at least bring in more revenue that could help with operational costs....While a premiumcan be put in place so that adjacent days are less attractive to guests, there's no guarantee that guests won't book these days, and your regular listing maximum price will still be in effect (though that can be adjusted with Date Specific Overrides).

I’ve purchased some land and want to do a new build on the land.

My last three commercial purchases all crapped the bed somewhere between inspections and closing because the sellers were a little too big for their britches.

Hello Friends,How long someone has to wait to rent primary home after purchase. 

I have considered purchasing the MHU course, but wanted to reach out and see what suggestions anyone had.Thank you and I'm excited to get educated in this space!

You also would need to properly account for all of this.You would want to discuss your specific situation with a qualified CPA to determine if this can be done and if it really benefits you any.

A follow up question:Is it true that if Monthly rent is >= 1% of purchase price should be considered as a good investment and which does not meet this should not be considered for good investment?

A lot of lenders are starting to offer this product as well in response to the economy.Are you looking to purchase a condo in the Phoenix area as an LTR?

Are you interested in purchasing any investment properties yourself?