Get a HELOC, which is possible but more difficult to find on a rental property, and is much easier and cheaper for an owner occupied property.What I have seen is if there's no insurance, it's treated as a lapse and insurance companies can decide not to provide coverage so did you face that in your case?

I used 7/1 arm provided by builder. its 5.25 with 30% down payment

They recognize the buyer can destroy the seller credit, but they are in such dire straights that the risk is justified 2) the seller knows the buyer and has so much trust in the buyer that they have every confidence that the buyer will perform on the loan.From a buyer, it provides a means to get an interest rate from NLT q1 2022 that is a fraction of today’s rate.  

With all respect to AirDNA and the amazing data they provide for STR owners, their pricing tool is not on par with most tools available there. 

I’ve worked for some group home providers where they employ a maintenance worker who handles some of these issues (usually if the have multiple homes in a specific geographic location) and I’ve worked for homes where the handiest employee fixes things and that option doesn’t always have the best outcomes.

And, when there is a vacancy, can the remaining units provide enough cash flow to cover all costs?

Hi Raif, Could you provide interest rates and payoff amounts? 

This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.

@Kenzer Hodgson For your STR, an umbrella policy can provide liability coverage, but an LLC offers additional asset protection by separating your personal and business assets, which can be valuable in case of lawsuits or audits.

And if you are need of MTR management services, my company, Island Stays Hawaii, provides premier STR and MTR management services.