Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

You can either do this as 2 Schedule E's or one Schedule E: as long as the figures are the same.

The project will start soon, and I believe it will take that long for the construction company to complete the work on all the buildings.I have landlord insurance with State Farm, which includes coverage for loss assessments that should cover this amount.

@Chris Seveney  I live in Abilene and operate a short term rental here.

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?

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

The technical term is Sound Transmission Class. 

Something simple can go a long way.

.- Alternatively, complete the repairs and sell at top market value, maximizing your return despite the short-term headaches.However, if the ARV is too low and won’t justify the $50K+ in repairs plus remote-management stress, You might be better offer selling now, even at a loss.

As long as they meet your qualifications, we would rent to them.