We did have one, but took it down for iOS and have long-term plans to resurrect it.

That’s a helpful perspective as I plan out my projects.Thanks again for sharing your insights!

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

Is it tied to changes in the market, a response to new regulations, or part of a long-term plan?

Given that the seller is financing the deal for the 2 years and then the plan is to re-finance it with a bank, I am having difficulty producing such financial analysis.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

ThanksSuhaib I'd suggest finding a broker, they have alot of knowledge and have your best interests as a goal, insurance agents have their employers best interests as a goal.Insurance in CA will continue to increase, its lagging in inflation and all the fires are affecting it.Many homeowners are moving to self insured.The fair plan is asking for 1 billion in subsidies, purported to be funded by the carriers themselves, I have no doubt Ricardo Lara will make this happen.

Took an extra 6 weeks than planned,  but ultimately got it done. 

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

If I had to leave a takeaway from this post before getting too far in it would be that whatever goals are had you have, we have these goals for a reason and typically it does not go exactly as planned but even if it doesn't go as planned, we can pick up where we left off and give it a fresh start.