Calculate potential returns on reinvestment in target markets.Define Your Priorities: Is your primary focus maximizing cash flow right now, or do you also value the stability and equity growth of holding onto a property in a strong market like Bend?

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

Eliminate debt, establish a budget, and save.

If you sold it for $500K (after expenses) and invested it in a savings account (or some in a RRSP or TFSA-up to your limit), even at 4%, you'd get $20K a year.Also what province is it in? 

Right now, I am not as interested in investing as I am in helping another investor in order to get some hands-on experience while my wife and I save a little bit more money.

@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

They saved up money.

Increase your earnings, reduce expenses, save up, and invest.

If you are considering getting rid of them anyway try to move some of the reservations to your own Direct Booking or even to Airbnb if you can provide a savings to the client. 

One key takeaway from this deal was the importance of sticking to a strict renovation budget to maximize returns.