Based on this I am considering going naked in regard to EQ coverage for this specific property.

Things like excessive dining out, bad habits, subscriptions, or impulse purchases and showing how redirecting those funds can lead to meaningful progress toward buying property.

This year for 2025 my wife and I have made it a goal to improve our financial literacy to purchase another investment property.

The key is to analyze occupancy rates, seasonal fluctuations, and what type of properties perform best.

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

We are working with our property manager getting everything ready to go- we are just a few weeks out from going live (fingers crossed).

A walk through current residence will reveal how tenants will most likely keep my property if s/he were selected to lease.I've done this a couple times over the years.

If your guests are leaving standard 5-star reviews, that’s great—but if those reviews could apply to any rental in your area, you’re still competing on price.If they’re leaving raving reviews, your property becomes the go-to choice—at premium rates.

What would it have cost you if they demanded 2-3 days at a property with a working roof during the repair?

The loan would be secured by the property.