If not feasible, consider increasing rent, reducing purchase price, incorporating future benefits, or targeting multifamily properties.

@Rocky Gibson how much are you needing for your future development projects?

@Sendil Thangavelu you really need to hire a professional property manager or real estate attorney to help direct you in the right direction from now and the future

In the future if you plan to continue to invest in STRs, would encourage other areas - shoot me a DM and happy to walk you through where I'm seeing the most friendly regulations and best cash flow. 

On the other hand, saving that $4,400 could go toward a refinance later if rates drop significantly in the future.

Agree that no insurance will cover future increases in cost of monthly or yearly HOA assessments (dues).  

It seems to be tracking status of the areas, which if there's still momentum in those areas could help situate someone for future growth. 

This is a new underwriting guideline of the insurance companies because they haven’t been profitable and must raise the rates and lower the risk factors in order to comply with state regulations on adequate reserves and future solvency.  

I have another feature for the future at a reduced cost to install.

HOA fees and redtape also added to frustration and will be avoided int he future.