This includes the questions you have asked.My analysis methods are far more complex and inclusive.

Vacation rentals is much more of a business than an investment, unless the owner/investor uses an all inclusive management company, which dilutes the ROI down to 6% or less.So once again it comes down to appreciation.If one wants to own a vacation property for personal use, and rent it out when they are not using it, that is at least partially a non business or non investment decision.I consider vacation rentals in that quasi investment / business grey area, along with nursing homes, hotels, golf courses, office suite rentals, etc.

Shop around for quotes and I always recommend an independent agent.Dwelling fire policies are similar to homeowner's policies in most aspects except that they do not cover (much) personal property - for this your tenant should get renter's insurance and I usually recommend writing that in the lease.Also, make sure you have a minimum of 300,000 liability and an umbrella policy is also a great idea.If the house will be vacant for a while you will be looking at a much more expensive and less inclusive policy.

I would love any information and advice from anyone who has experience with All inclusive trust deeds.

@Travis Russell - Based on this info I would be using the $90k ARV - depending on the area condos are a dime a dozen and I have seen so many condo owners recently thinking that the market heat up was inclusive of condos and were sadly disappointing - but again, just my 2 sense.

You offer to take the property "subject to" the existing bank loan, and ask the seller to loan you some of his $25,000 equity by holding a note for $12,500 called a wrap or an AITD all inclusive trust deed.Then you borrow another $12,500 using your credit card or from a third party who you would give a note secured by a second mortgage on the property as security for the down payment money.

I must have got a good deal, because that was all-inclusive.

I received an offer for my property where he would pay my equity (300k) then use an "All-Inclusive Trust Deed" to make the payments on my mortgage (900k).

I think this would be valuable in Houston, nailing down the inclusion criteria is key.

We finished a small rehab not long ago on a 1731 sf house, and the prices for interior painting were as follows:walls - 900ceilings - 350fireplace - 75doors - 40 each.This was inclusive of materials and labor, and they came down to 30 for the doors after our dickering session.