Quote from @Adam Dahmen: Quote from @Tonya English: Current VIP member for over a year and no closings.

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

Is it true if I rent it out on Airbnb for at least 2 days before the 100 days are over, I should already be grandfathered in?

in cash flow would cut it for me. i'd want enough to cover the mtg, but also R&M and a little for vacancy. if i can't do that plus have a little actual "cash flow" left over.... i'm still here :) if that's any indication. 

I spoke with them over the phone a few times and they seem super pro about everything.

Since house flipping has become so popular over the past few years, it's never been more critical to give your projects that extra *POP* that homebuyers will notice as they're swiping through Zillow. 

Every time you lower your tax bracket you are lowering the value of the deductions.

am working with them now and had the first policy (with Spinnaker) cancelled for nonpayment/late payment so we rewrote another policy (with Millenial) and having the same payment problem again but at least they are communicating that cancellation is coming. they want me to pay by credit card over the phone so the payment wont be late and cancelled again. but when i go to mycoverageinfo.com to check on status it shows its been paid.

The rental market is a dynamic environment, and one constant is change.

Real estate is a slow game, but over time, it can help you build significant wealth.