Bernard- Akita- Wolf hybridsUnfortunately, these are prohibited for insurance reasons.

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

However, many lenders and insurance companies are tightening restrictions and premiums for these types of properties.

My previous insurance cost me $722!!

As expenses fluctuate (property taxes, insurance, maintenance items, etc), the cash flow will be up and down and unreliable.

Got added to the property insurance policy as additional insured.4.

The reality is that insurance will cover your 16-year-old's accident.

Much of Florida is in a similar boat, especially since insurance has 2-3x in the past 2-5 years.

You need to carry a special type of health insurance, not the traditional kind.

So if your DTI is an issue in getting additional loans, you can "beat the system" by putting your mortgage on a HELOC and reducing you reporting monthly obligations.