The cash flow is awesome as we have been live since mid March and are 85% booked through August 1.

💼Did you know that foreign buyers accounted for a staggering $59 billion in residential purchases during April 2021–March 2022?

Purchased with a 10% down loan and rented out as an STR. 2021 Gross income was $97k where I was able to Net about $35k from March 2021- December 2021. 2022 did not go as well with overall market was down, as well as my cabin had a few events that led me to re-funding large bookings (snow storms causing power outage and guest unable to access cabin, wild fire evacuations, and an issue with Bat's...).

@Parth Sehgal I live in Madrona and hunting hard for my next project ideally with a March start date.

I attended my first auction in March and learned from that experience.

Hopefully, everything will be done by mid February/March, with maybe a tenant already in one of the units. 

I kicked off 2020 by initiating a refinancing of my rental, this March, right before the whole COVID-19 pandemic.

Fast forward to March 2020 and I apply for STR rental permit to find that the mother-in-law restrictive covenant means we can't get a STR permit!

Construction began in March 2022 and completed mid-October 2022. 

@Jon S.It starts as early as March here ... students wanting to rent for August/September and asking if we will hold a property.