If we the landlord would want to break the contract before the end of the multi-year term, we have to pay him a pro-rated fee to reimburse his investment

What if they change the terms on you last minute?

Feel free to reach out if you have any questions.The Short- Term Rental Loophole ExplainedThe Short- Term Rental Loophole Explained

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

if you buy a long term rental, you may not see true returns for 5 or 10 years (although there are other immediate potential benefits, like passive losses on your taxes). 

I've never heard of Kin, but I too am in the market for short term rental insurance.

We live in San Diego so would be long-distance, TBD if we self-manage or enlist a PM. 

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

It depends if you want the leads or not.In my market agents will host an open house for free as long as they get the leads.

The result is typically less loan proceeds, lower rate, worse terms, etc.