My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

There is very strong appreciation over the last few years even with the high interest rates. 

For example, cleaning fees will now need to be included in the nightly rate shown to travelers.

My grandfather took over the sellers mortgage as apart of the deal; the issue I am having is I found out that mortgage payments were stopped about 7 years ago.

Interest rates go up 2% points.Labor costsRaw material costsInflationPlan B.  

What's the total value of your properties and your total mortgage amount.

The property is being sold for $1 million with a mortgage of about $300k.

if not... i'd say stay local to Canada 'cash flow' is very, very tough right now with interest rates and prices both high

I recommend spending 30 minutes every month watching the rent rates in your market so you always have an idea of what yours would rent for should you have a surprise vacancy. 

Hello all, I just wanted to share with you a piece I wrote about BTR trend in Sunbelt states...would love to hear your thoughts about it.The Sunbelt states of the United States are currently experiencing a housing conundrum, a cocktail of high interest rates (approaching 7%) and dwindling housing supply that's reshaping the real estate landscape.