Hey Kristin, for markets where a property can work both as a short-term rental (STR) and a long-term rental (LTR), look for locations with year-round demand, like tourist spots that also have a stable local population (e.g., parts of Florida, Texas, or the Carolinas).

Secondly, he again did not fully disclose everything and was pushing for the signature on the final closing documents, in them he has 2 seperate title agencies involved as well as a third party construction company listed as the policy holder for the insurance for the home, and the figures for sale are different from those on the sale agreement document that I did sign, with clauses included that state if the title is not free and clear that the buyer has the right to sue me for insurance purposes and to cover the silent second mortgage that I was only informed of because the title agency called me to say something was up after arranging the notary to come to me to sign the final documents (at which point I said no and had a copy of the closing documents emailed to me), and again the so called real estate agent negotiating the transaction is listed as the buyer (under the guise of being part of ushomebuyers.com, same as the agreement to sell). 

This is a very common agreement, in your space your problem and they also should have insurance that if its extensive insurance would cover it. 

Hey Zigmunt, I have an insurance wizard at goosehead insurance.

The rest of the cash is sitting in a Whole life insurance policy growing every day waiting for the next opportunity. 

You can check their insurance coverage, any active lawsuits they have, their workers comp rate (how safe they are on the job site), and other metrics.

Landlord Insurance: Get coverage for damages, liability, and rental income loss.This post does not create a CPA-Client relationship.

I have been considering joining AAGLA and know they have lease forms and other forms, but it is $199/yr.In the next couple months, I am looking to get a standard CA NAA lease written up with RUBS for water and sewer billing and a requirement for the tenants to carry their own renters insurance policies with $100K or so (if there are recommendations around this please let me know) liability limits.Does the community here have any advice on how best to do this and where I could get a lease form that does the trick?

Hello, I'm from Canada and struggling to find a good home insurance provider for my STR.

So our cash flow was reducing during our hold due to poor ADR increase and large insurance and prop tax increases.