There was lots of discussion in the department about whether the matter was in fact covered but my opinion ultimately prevailed. 

You'll use that money as a downpayment on an investment and borrow more money from the bank to cover the rest of the purchase price.

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

Cover the boat and/or put a "NOT FOR SALE" sign on it and go about your day. 

But, ultimately, it could work if you don't mind a low ROI.It could make sense if you look at a lifestyle rather than an investment purchase and you're just happy to cover your costs.

**Comprehensive Content:** The educational materials provided are detailed and cover a wide range of topics, such as fix-and-flips, rentals, and creative financing strategies.

The agent's compensation is negotiable and 6% may be more common if that includes the buyer's and seller's agent, but if the 6% only covers the selling agent, then that's a greed reach especially considering it's a 2m+ sale price.

From my understanding, insurance won’t cover a dead tree falling as this is a result of “neglect” but would my current dwellings insurance cover it under personal liability?

At purchase the rents covered ~60% of piti.  

You need to know how to enter the deal and how to exit so you can cover your areas and protect yourself from losing money.