Have you talked to a lender yet about this because you may be looking at different qualifications personally for a 5 unit loan versus a 40 unit loan.

Large swings can be exhilarating, but a good investor does not bet the entire farm!

It’s a SFH and I don’t rent it by the room, but I bet State Farm wouldn’t have a problem with it on this type of policy.I ended up with this policy after searching almost 6 months for someone who would cover an STR in a high wildfire risk area.  

Think of it as a (hopefully not too) expensive lesson on the ins and outs of deposit management; I bet you won't make the same mistake again!

Show current rent rates versus other drive up competition.  

Though not cheap, Perrysburg has seen consistent appreciation, making it a good bet for long-term growth.Investing $100K+ in Toledo:If you're putting $100K+ into one property, Ottawa Hills and Perrysburgwould be top choices for appreciation-focused investments.

But the very first section of the post, notes this is a Party versus party litigation about 1 lease.  

Factors include: location, amenities, rental potential versus price, per stay and annual fees associated with renting in the HOA, and lastly a subjective measure of overall expected guest experience.Disclaimer: Rankings and subjective comparisons between HOAs are not meant to discredit or heighten one HOA being better than another.

2) How much of the Closing Costs of around $13,500 were actually cost versus property taxes and escrows?

Preferred EquityWhen considering the use of Mezzanine Debt versus Preferred Equity, it's important to understand the key differences between the two.