After a decade of climbing a ladder that seemed to lead nowhere (thanks, unrelated industry), I thought, "Why not trade the briefcase for a set of keys?"

I also had a few up in North Conway which is a great short term rental location.

Also, does short term rental works here in the westside Secord area in edmonton?

Never had a mid term guest @Leon Lee, but seeing as a MTR is really just a short stay long term rental, I would be worried about running afoul of tenants rights.Personally I would have them pay all the utilities if they are in there more than a month give or take.

Short-term rentals are a part time job and the property managers are too expensive imo.Mid-term rentals could work, but I'd only try it if your leaving your furniture, etc. in the unit.

Will your property there be a short term rental?

We'd like to turn this property into a short-term rental during our time abroad.

pick contractors that are have large lead times. 

Hey mate,Welcome to the wonderful world of real estate investing.For what it is, here is my opinion without too much depth:1) Have $100,000 in cash2) Look at the Midwest3) Spend time networking and finding the right people (Realtors, contractors, title company, etc...)4) Buy a distressed property for dirt cheap (Cosmetic rehab only)5) Renovate it6) Sell it7) Loose money (You most likely will on your first few deals)8) Learn and don't repeat the same mistakes 9) Do it againGod knows what doors will open and what the future will bring.I started in a similar way and it lead me to owning a turnkey company, property management company, brokerage, other businesses, investments and monsters with 17 heads heheJust my opinion off course but since I offer turnkey properties, maybe you should just buy turnkey heheJokes...

It’s been too successful and I have too many leads and not enough buyers.