If your municipalities haven't landed on legal parameters yet, then it's something you'll need to pay close attention to, and always have a few backup plans if the laws change and you can't operate as a STR anymore.How much do you think a first time young person who has never bought a home would need to save for a decent property return investment?

I think college students will start to become more picky and will want more space, nicer amenities and nicer housing (especially if mom and dad are paying for it).If you are an operator that provides a superior service and product, I think you will be fine.

Would love to know how an experienced long distance investor operates.

I would be interested in hearing more about other student rental markets and individuals experiences operating before and during COVID.If you would be interested in talking more, comment below or describe your favourite Ontario student rental market and why?

Packer Wilber.They have been operating for 45 years with tons of exits!!!! 

This is why even though our wholesale operation do 7 figures, I stack up as many rentals as I can because that’s the only thing that will last when I decide to slow down.

I have at least one lender and one agent, but would like to fortify those positions with other reliable sources as well to round out the Core 4.

Garbage pickup)After running this exercise 2 times or so, you will understand how that market operates and figure it out. 

-Occupied by the owner some portion of the year-A one-unit home (not a duplex, triplex, or four-plex)-Suitable for year-round use-Belonging solely to the buyer-Not rented full-time, and is not under a timeshare arrangement-Not operated by a management company that has control over occupancy

BP Breakdown: https://www.biggerpockets.com/...My questions are BP is saying my Purchase Cap R is 10.87% since I'm buying it with equity built in are there two different Cap R, because i've read "Capitalization Rate = Net Operating Income / Current Market Value"?