I own one rental house in Cypress, but with the current market I have not been able to find another existing single family home to buy that looks like a good investment. 

@Audrey Sommer I prefer investing in my local market (Snohomish County).

Loan sizing varies by market, but in most areas your loan will be sized to 75-80% LTV; 1.20-1.25x DCR; 30-year amortization.

See if you’re in a tight market.  

It helps readers a lot by providing context, and those of us who have some time in the market can look back into our histories and give you some advice. 

We are Canadian in invest in the US.We work in the Detroit market where we have a great team on the ground and are finding exceptional deals.

If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.

We are Canadians eyeing up the market in the USA and looking to start investing in properties across the border. 

Got lucky with timing and market conditions... did a few then rolled the proceeds into my first MHP.Wow nice!!

From both a real estate and STR perspective, the key to success will be choosing the right market first.