If so, you will likely get caught when it goes up on Furnished Finder by someone, and you will also have insurance issues and potential town issues.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Taxes and Insurance at 350 month.

I generally pay on average 400-500/month a month for basic maintenance and repairs. 5200/year for property taxes. 5000/year for insurance.

.- you can refi later- you can carry the insurance you want, not what the lender wants

Life insurance might be another untapped source of liquidity to look into (if you have one in place).

Most of the loans I do are on 25 to 30 year amortization, and included in that is people calling me b/c their current bank would only do 15 or 20 in cases where they've had the property for 15 or 10 years already.Every time your car insurance is up for renewal, that's an opportunity to make the carrier earn, or re-earn, your business.

I mean, you can, but you won't be in city compliance or insurance compliance if something were to happen to them.

In order of priority, I would put title company after GC, lender, insurance broker, real estate agent(s), inspectors, and several trades.

Insurance costs change.