If you had to use insurance for one rental, that would push the premium up on the whole policy, wouldn't it?

But it's good you brought that up because it's easy to forget about that. 

My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.

I looked up some info on Bullhead City but there isn't much about future plans.

Expenses are going up just as fast as rent anyway.

Or I could suck it up and create a brand new website on WordPress for $1000 and then not have to pay more than $10 a month for the web hosting. 

I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up  with the lease option is that people can change their mind, as in the seller.  

Lowe's just came out with their biggest appliance sale of the year- up to 40% off.

If you are willing to do mid-term, you open a lot of boxes up.

However I think in general you would get lower rates going to credit unions than bigger banks though maybe you might get more if they think they can make the money up elsewhere.