@Jason Porto6-12 Months of Expenses: Many investors aim to have 6–12 months of property expenses (mortgage, insurance, utilities, and maintenance) saved. 

Co-hosting is just like any other business---- scalable systems. 1) Know how to build systems2) Find a mentor who will teach you3) join a mastermind that will teach you4) Learn and grow as you go... but have insurance.

I would go with a hail resistant 30 shingle then you get a discount from the insurance company .

However, some investors see potential in these markets because of low entry costs, steady military demand for housing, and decent cash flow from rentals, especially if the area has stable, government-backed tenants like service members.

A good way to avoid this in this future is to use a vendor worksheet/package that request the pertinent contact information along with a document request for the filed out W-9, copy of business license, Worker comp and liability insurance certificates.

There are also home buyers who want to look in the area before they buy, home sellers who sold and have no place to go and want to look, contract workers in the area, construction workers, insurance displacement, and more.

The property is unique so you would do well with families who also need to WFH so insurance displacement would be ideal.

So I say you should rent to these people because it seems to me he's trying to make a life for him and those children those children probably love him to death and they don't want to see anything bad happen to them it will be more harm to those children to have him gone and out of their lives then do see somebody stable and doing good.

. - 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.

Insurance payout is not a taxable event.