Quote from @Tom Enright: Hi Forum, I'm about to close on my first STR and plan on materially participating >100 hours this year as I'll be working on the property and plan to rent it the last 1-2 months of the year.

@Sam Avila Sr I'm just getting back into BiggerPockets myself as I was on here four years ago.

Hey everyone, I'm looking for advice on liability insurance coverage for a flip.Our LLC owns the property and has partnered with a general contractor (GC) for the renovation.

To find one that works with land trusts, contact local credit unions directly and inquire about their policies.

I'll err on the side of caution here.

It also depends on the lender as far as the credit score needed for best rates.

With that said Phoenix had one of the highest home price declines in the last market down turn.  

When you have the confidence & experience branch out and do one yourself.

But about 1 year after we bought the property, they started cracking down on the homeless in downtown Jacksonville moving the crime to the neighborhoods just outside of Jacksonville.

@Jonathan LudizacaIt really depends on the market.