Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating cost: $40,000 (Including insurance, tax, utilities, supplies).

One of my biggest concerns is what will happen when mortgage forbearance expires and the eviction and foreclosure freeze is lifted.

Perhaps there is a formula of what amount of reserve will cover yer *** as a percent of revenue based on # units?

I don't plan on ever holding or mortgaging the property especially since it won't cashflow.In my this sounds like a pretty straightforward play given the steady growth of the area's tech sector which I believe will actually be accelerated given a lot of tech companies are looking to open satelite offices in Canada due to the encouraging adoption of remote work, cheaper and abundant tech talent and uncertainty of american immigration causing a lot talent to move to Canada.The biggest risk I see is whether or not the specific property I buy will be in demand in 3 years:Who are the demographics that will actually be buying homes… not the 22-24 year old coming out of school and working at a tech companies but perhaps the late 20s to 30s folks who are settling with a partner and kids.

I’d also consider potentially the 80/20 rule of selling off your worst (you decide: lowest cash flow, biggest upcoming CapEx, neighborhood going downhill) 2 and rolling them into a smaller multifamily (4 doors / 1 mortgage) through a 1031 Exchange. https://www.biggerpockets.com/topics/877606

The biggest thing that is going to help you with many of them is to buy right.

Again, I think the biggest question you'll want to address for yourself first is short term or long term rental?

As well as having more control of my time, I would like to use some of my revenue down the line to open of my own gym. 

The upside is your gross revenue can be 2-4x the monthly gross of a LTR.

Here is my biggest concern.