We made to make some upgrades to cover the number of people but haven't had any issues other than normal maintenance yet. 

I have a heavy interest in wanting to start buying my first home in 2025, however, I am having some legislative inquiries that I want to get clarified before I even purchase a property.

How can a seller credit be paid once the closing costs are already covered?

Renting it out now could help cover the mortgage, and you’d benefit from any appreciation over the next two years.

I cover utilities.

I’d prefer to avoid double-paying for insurance if possible.Additional Note: This property will be used as a short-term rental, which adds to the complexity.Any advice on how to structure the insurance to cover all bases without redundant costs would be greatly appreciated!

Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.

Since then, I increased my security deposit to cover more than a half month's rent should I need to use it.

When you have a tenant issue there aren't a bunch of other units to cover the shortfall.

Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking.