In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc.  Our rental properties are listed as well, but those are owned in an LLC.  It didn't...

Also if they do accpet appilcations you need to have experience in BPO's and have all your ducks in a row to start listing, i.e. e&o insurance, licnese information vendors you are going to work with to change locks, trashout and property preservation.

Before maintenance/cap, insurance, misc 107% of rent. 

Insurance rates stand to rise dramatically, so the question is "will the insurance rates go up enough see rentals go into negative cash-flow situations?"

@Drew SygitTHANK you so much for the feedbakcBased on the information provided, the seller’s reported expenses include annual electric, gas, water, sewer, real estate taxes, and insurance costs.

Also in my property folder I'd include a "Insurance folder" for anything insurance related.

Co-hosting is just like any other business---- scalable systems. 1) Know how to build systems2) Find a mentor who will teach you3) join a mastermind that will teach you4) Learn and grow as you go... but have insurance.

I would go with a hail resistant 30 shingle then you get a discount from the insurance company .

The property is unique so you would do well with families who also need to WFH so insurance displacement would be ideal.

It's similar to saying that you should always put down 20% to avoid mortgage insurance—sometimes it’s smarter to put down 5% and keep more cash available for other opportunities.