The 2 main reasons for increase were as follows:-Many carriers have moved out of Colorado or no longer offer coverage for HOA communities, so there’s a smaller pool of insurance companies to choose from.

Follow up when you choose! 

Lastly, choose a lender who is experienced with real estate investments and can offer advice tailored to your needs.

So, why complain about something that you CHOOSE to do?!?

Albert, I see it as particularly important in the off chance the lender chooses to exercise the due on sale clause.

Look into local neighborhoods, be aware of market trends, and choose a site that complements your idea.And finally, accept the learning curve.

If you were shopping and this house and a thousand others like it are available for basically the same price, is there anything that could be written in the title of your place that would cause you to choose it over that one?

@Candor RealTo manage a short-term rental property effectively, hire a local property management company, use smart home technology, build a support team, conduct market research, choose a desirable location, set aside an emergency fund, and invest in insurance.

Just choose the right market for you that would help you become the most successful! 

When providing a lease renewal we provide 4 options - sign a 1 year lease for a lower increase, sign a month to month at a higher increase, submit a move out notice if you wish not to renew, or choose to do nothing and receive the highest rent increase (with a clause that once they select from the other 3 options the rent amount will be adjusted accordingly not not made retroactive)