@Mike BatorMight be interested but would need to have audited financials on the current rentals to even have our investment team consider it.

Welcome to BiggerPockets, Sam!

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.

I am taking a salesperson license exam this year to get into the industry and use these commissions toward closing costs.

We want to rent it out.

One option is to find a co-signer with W-2 income to help qualify, or you could explore DSCR loans, which focus on the property’s income rather than your personal income.

I've handed off my LTR to a separate PM and they want to be named on a general public insurance policy for the unit, but truth be told, I feel like I need a solid umbrella policy to cover the MTR and any claims against myself and husband as the owners of the property.

If you want to do upgrades to rent it, don't go crazy with it.

Even if they do pay all the taxes, they don't get to use the benefits they are paying for (medicare, social security, etc.).

Is the backup to use it as an STR during these months?