@Shane Ward The OP is from the Philly area, so a legitimate alternative option to buying an STR in a market they aren't close to / familiar with would be taking those funds to buy an actual investment property, and using the cashflow to fund vacations indefinitely at whatever destination they choose (especially since they already rotate between 3 different vacation markets due to friends & family).

So all in all it would have taken over 2 months to repair the AC when my tenant is sweating in the 120 degree desert heat and would only cover 200 bucks of a unit that was destined to fail again within the year.In the end not only was I stuck with the cost of a new AC unit, I also had to buy a portable window unit in the meantime, and gave my tenant a free month of rent. 

PS: it is possible to have a single system, with multiple "zones" and multiple codes / keypads to turn different zones on and off.

Looking at properties in your destination does not constitute a "business trip" in the eyes of the IRS.

Combining a higher risk strategy with a higher risk property multiples that risk even further.

I would like to bit múltiples if the first works out well.

This is a strategy that I was able to use for one of my investors in a part of that market where the average home is getting multiple offers within the first 12 hours.  

Meet each client where they are and interact across multiple channels for efficiency, while still providing tailored, but high quality service.

Is it because they are able to get you multiple of quotes opposed to one?

My question is in regards to financing multi-family homes: Are there multiple types of loans that a Canadian can inquire about (other than the conventional bank loans)?