**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.

Please let me know if you need more info to create a clearer picture.Thank you.That is actually a good question to get advice from a local estate attorney on.

Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.

Are you local to the property?

For me, it’s been a mix of local friends and paid contractors.

Please message me and I can answer any questions you may have on real estate, local meetups or the local area.  

Im not an STR SME - I would check with Mike Savage and Dan Rivers - theyre the local experts on STRs.

I recommend you call a local agent or broker to give you a better lay of the land so you understand the challenges/opportunities in this area.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

We always recommend starting local when possible.