As with any business having a mission, strategy and plan with guide success.

I plan to use a refinance on my current cabin to fund the downpayment on the next property.

just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time. 

And how there are differences in each province.. is what you describing how it works in the entire country or is it Province specific.. has Vancouver BC dropped 30% as well..

Specifically, the amount invested is wrong, then that wrong amount is used to calculate the ROI, and so gets that answer wrong.

Planning on 25% down.

Plans, permits also as they can take some time, I am unsure of how long in Hot Springs. 

I think I have the insights that you're looking for =)I'm going to rapid fire some of my thoughts but I'm happy to answer more specific questions.- Hire a VA for handling all guest/tenant communications- Get referrals for service providers, then have your new VA contact them and schedule service needed.

I'm in the Nashville area - let me know if you have any specific questions about the local market. 

." - Without any numbers for these strategies it's just an idea, not a plan.