I purchased a condo in 2015 with the goal to use it as a vacation rental.

if you own these properties free and clear than sell them.. do an emergency vacate for you tenants and owner finance them with 10% down and sell them at 10% above market value to make up for the underwater

It now seems that the perimeter of the building is stable due to the piers, however there was some sort of plumbing leak under the slab in the one downstairs units, which washed out some more soil, and the slab collapsed by as much as a foot, rendering the unit inhabitable.There is a quote on hand for $22k from a foundation repair company to take out the collapsed slab, add some new soil, compact and pour new slab (all of which they supposedly can do without vacating the other 3 units), and another quote for about $130k to redo the inside of the affected unit, and correct other inside and outside cracks around the building and the other units.

Once the mortgage is in place you can spend it on whatever you want, a new car, a vacation, repairs or a property in the USA.I know this is not exactly the answer to your question, but if you have equity in a Canadian property you can get the funds.

Then the money is secure but not spent in advance in case of emergency and the tenant must vacate - extended out of the area medical treatment, care of inlaws or locates employment. 

During his last vacation, Arnie was talking to my Dad and he said he was so damn proud of me, especially the man I had become.

I am looking to explore the opportunity in vacation rentals in PCB.

A lot of people are drawn to investing here for the same reasons you and your husband are, the allure of a vacation spot combined with a savvy investment.Housing is still relatively affordable and rents rose nearly 8% last year and continue to do so.  

At that point they had him receiving paid holidays and  a weeks  vacation. however he pretty much operated like a sub contractor, we asked him to start work at 9 due to tenants sleeping and getting ready for work, he insisted he needed to work 7-3 because he had a second job at night and wanted to beat traffic. ok.. we had a couple problems with tenants complaining they would be woke up by him entering the apartment while they were still asleep and getting ready for work.

I am a single mother of two teenage boys and I bought a vacation condo in Conway NH for us to be able to enjoy.