Sure, that property in anywhere from 8 - 50 years may be again needing a substantial investment; it's not really material to what everyone's doing, at least with what you're talking about (wholesaling, etc).Jim

Hi all, I've been lurking in the BP shadows for long enough and finally decided to dive in head first to truly get the most out of what this platform has to offer.

So mortgage rates have dropped substantially from a year ago (3.64% to 2.79% on a 5 year fixed).

@Nabil Suleiman I've done long term rentals in the past (not in ER though) so I have experience with long term tenants... just never dived into Airbnb and thought this might be a good opportunity to try/learn something new (add an extra skillset to my tool belt) if the demand justified it.

I hope you find what you're looking for and are able to dive right in!

Dive into self education and self improvement constantly and stay fit.

Yes I know that these are some decent returns, but I also know the tremendous power that real estate has to create substantial wealth when you invest it properly. 

You will definitely want to get smart before diving in.

If you are in a market (southern Ontario, Charlottetown) experiencing substantial market appreciation, then modelling an early exit based upon price growth is a viable exit.

., a physical or mental impairment that substantially limits one or more major life activities?