Companies are having to set aside a certain percentage to cover the Cap Rate insurance and as an abundance of caution with these interest rates- class B are paused.

Originally posted by @Alfredo Martinez:Hello, I am a contractor licensed and insured in New York & New Jersey. 

Insurance.

Expenses: What are the operating expenses, including taxes, insurance, maintenance, and reserves?

I always let them know what I am doing and let them know about airbnb insurance or let them know that you will take care of repairs that tenants will do. 

They don't all offer the same servicers (default management, document services, tracking of taxes and insurance, escrows, etc.), but I am with you that communication and competency are key.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

You have the mortgage, taxes, insurance, maintenance, capital expenditures (roof, flooring, etc.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

Rhino is an insurance program, and I do not recommend them.

.: You don't need insurance or a deposit.