Quote from @Russell Brazil: Congressional Insurance Associates out of Germantown.Thanks for the tip, bro!

As for tips on property management, the number one thing I would say is to screen diligently.

Vacation rentals in these mass-produced STR "neighborhoods" are really just a commodity, similar to a hotel room.

I'll take a look at the CMHA checklist.for now looks like I'm doing everything you said already in the scope of work with my contractor, so I'm happy :) If you have any other tips i would love to hear,And thanks again!

As an investor and agent, you can share your knowledge and tips for other first-time investors.

Hoping that I can get tips on any of the following questions so that I get best put my nerves at ease.

@Mike H.check out triple net leasing as to the mechanics of why almost 100% of hospitality and commercial properties are triple net leased.The main reason people NNN lease their property/s to businesses is because they want to own passive investments not actively manage another business.Very few if any investors manage the Hilton hotel property they own. 

I also started off as an out of state investor in 2021 so I'd be happy to connect and share some of my experiences / tips I learned along the way. 

My poor fingers got tired of typing the same thing over and over, so I put my tips and tricks in a blog post.

Wondering what kind of coverage you currently have and if you have any tips?