Enough immediate cashflow to balance out the mortgage, taxes and insurance.

I like to keep things as simple as possible, but I was excited to dig into this one because knowledge is power, and the better we understand these things, the more we can use them to our advantage in real estate.So here’s what’s happening—your CPA is basically saying you’re already showing a loss on your taxes because of all the expenses that came with closing, insurance, HOA fees, etc.

We're getting nailed in auto insurance too.Any ideas why these states?

Insurance was really created for catastrophic events (fire, flood, etc) not for small claims.

Talk to your insurance provider about your concerns and they can recommend the right coverage.

Closing costs are typically $1.5k higher and your homeowner's insurance will be more expensive.

It's even worse for landlords "The company is also asking for rate hikes of 38% for rental dwellings and 15% for tenants, with the rates taking effect May 1."

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I think your biggest issue with any "work-arounds" is going to be your legal liability and holding the proper insurance in case something goes wrong, which I'm going to assume you'd need to be properly licensed in order to be properly covered by insurance.

Both markets are a bit overpriced, considering  taxes and insurance are so expensive now.