. - Many HOAs have LTR restrictions and some now have implemented STR restrictions.Also, hopefully you've updated the home insurance policy of your current STR rental from a homeowner's policy to a landlord policy.

We also assist with tenant placement for insurance claims that we cannot fill in our own properties as well as beginning to cohost for some MTRs as well.

Insurance payout is not a taxable event.

actual mortgage, actual taxes, actual insurance, actual capex.with that said it will probably be closer to the 50% rule than using teeny tiny percentages for vacancy, repairs, capex, etc.

Storm damage would commonly be covered by your homeowners insurance.10.

- Insurance policies (some may not cover rent by room)- Friction among tenants regarding common spaces

Carrying costs in purchase and or rehab is financed, cost of capital on refi, re-recording, title, updated insurance, etc. their are many costs at play after initial funding then to transition long term unless your straight cash on the front end.

Get the easy stuff first - rent roll and lease end dates, any bills the landlord pays - common area maintenance, maybe water, sewer, taxes, and insurance.

Quote from @Sarah Anthony: Hi,My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).