I recommend also that you add the optional "Personal Injury Protection" coverage. 

I’ve analyzed quite a few smaller resorts in the past - more for practice than anything, but never felt the urge to pull the trigger on one.

@Robert High, You can go into contract for your new property at any time without triggering a reverse exchange. 

My wife and I are about to pull the trigger on a vacation rental for us to use a few times a year and short term rent the rest of the time.

I'd also check with a CPA that this won't trigger some sort of taxable event. 

I am very familiar with the BRRRR strategy, however when it comes to +5 doors properties (please correct me If I am wrong) this triggers commercial lending, where valuation is based on the performance of the asset itself in terms of Net Operating Income (NOI) and hence correlated 1 to 1 to higher rents. 

@Evan Skarbek did you pull the trigger and make the move? 

I believe the magic number is 90% of the property renovated triggers HST but in doing some research it seemed a little subjective.

Please have the plumber repair and remedy the heat to an acceptable level of operation immediately or I will have no other choice but to trigger an emergency inspection with CVR.

I know that even if your lender has a strict due on sale clause, by law they CANNOT trigger acceleration/due on sale when a person transfers title/deed into a trust.