So I disputed the additional charge. 

@Kenzer Hodgson For your STR, an umbrella policy can provide liability coverage, but an LLC offers additional asset protection by separating your personal and business assets, which can be valuable in case of lawsuits or audits.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

Typically you will close sooner than 30 days, but this way if there are any issues or anything that slows down the closing, you have some additional time to close still.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

I would definitely factor in some substantial capex/ maintenance and repair costs which could lower your returns.  

Properties below this threshold present additional risks and more limited borrowing options.7.

With some additions, this would qualify for the OMG category, but I think they didn't have that category back then when it was on the market.

Yes, I’ll check with regional building, but curious for additional thoughts here.

In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.