Instead, you have chosen to lose 4 months of rent * $1,300 = $5,200.You should get an aggressive rent decrease model. 

This is up to 2024 data, but when I add 2025, Calgary is following the red, Edmonton the green, but I expect Edmonton will level off or decrease in 2026.

What I have found is that after Nov 1 the pool of good applicants decreases .

If it's the former, then yes you probably need to tweak your management to increase income and/or decrease expenses.

All surrounding counties saw decreases. 

EXAMPLE: I haven't cut my own lawn in over 10 years because I can get it done significantly cheaper than what I make per hour.The other component to keep in mind is landlords typically hire PMCs for one of two reasons:1) No time to properly manage2) No expertise to properly manage- Note: if you have enough time you can learn the needed expertise.Everyone wants to focus on how supposedly "easy" it is to manage rentals.The reality is:1) The difficulty & required time increases as the property/tenant quality decreases with Class A => Class B => Class C => Class D2) It only takes one bad tenant, bad contractor/handyman or mistake that leads to a lawsuit to cost a landlord SIGNIFICANTLY MORE than the cost of a PMC.What Class of rental do you have?

We could absorb huge revenue decreases on the STRs.By 2012, we started purchasing at a discount.  

The FHA house hack starts with poor cash flow but helps you create equity and decrease your housing costs while you prepare for your next purchase.

They do not valuate ADU's based on a 2nd structure on the property (as of now), like a house & cottage or a duplex for example, so this does decrease the valuation.  

You could possibly decrease your 401k savings (which would increase your taxable income), and shift this savings over to your brokerage account.