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.

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.

That said having the right tenant goes a long way.

I'm looking at it long term and will not need the equity anytime soon.  

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.

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

This will obviously take more effort on your part but in the long run, the exercise will be a valuable lesson for future calculations.

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