Just don't forget that this is a cashflow business more than an investment.

A standard "business owner's policy" is fine -- it covers the building, commercial general liability, and ideally, loss of rent. 

I'm not sure why that metric has held true but it still applies, the properties that perform well above that ratio are the owners that treat their STR like a business.

They seem to be trying to use a PMC model designed for Class A properties/tenants for Class B, C and sometimes D.Can't use the same business model for all classes of properties/tenants. 

Send me a PM - our business specializes in designing flips and STRs across the US!

Busy street 2.

It's too much like the hospitality business rather than a rental. 

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

I’m about to expand my student rental business and am looking for rockstar contractors

Everyone was on bottled water for months.You may want to ask for proof that Flint is growing or attracting business investments.Now Detroit is an entirely different story!