I don’t completely understand how I could best put my money towards a rental property or fund one with the income that I am making.

If it wasn’t the insurance it would have been the property taxes.

It doesn't cover any loss of income due to your rental being repaired.

The problem is, that's not proper accounting because a credit card is a liability, and doing this workaround will reduce your assets rather than increase your liabilities, which totally messes up your balance sheet and debt-to-income ratios.  

@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.  

Couple other things to consider, property / school taxes are high, and tenants have lots of rights.

Taxes and insurance will be another $400+.

In addition due to prop 13, the tax base is a fraction of if it sold today.   

. - Established and actively managed AirBnB's will continue to be consistent income producers with a gradual growth in returns. 

They tend to all have good incomes, little to no credit, and are self employed with lots of family.