It's 90 minutes to the beach most days and is probably better served toward longer term stays like digital nomads. 

A reputable and experienced property management company will often present additional terms that require the tenant to obtain renters insurance and that the landlord be named as an "additional interest" on the policy.

However, the one ingredient in this situation that hasn't been present before, is the Fed tampering with interest rates to keep mortgages artificially low - unreasonably so - and now they've taken the foot off of the gas completely.  

In this time, you should be making thousands of calls, sending out monthly mail pieces, and/or deploying digital marketing efforts to get in front of homeowners.2.

Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

During our miserable experience we presented 14 deals; not one of them closed as a result of CI contacts.

My strength has always been finding/analyzing deals, and then presenting them to an investor/lender in a way that makes the decision for them to fund a no-brainer.

My thought is you want to be very active and present at that property frequently. 

If, for nothing else, the more financial strategies you have at your disposal, the more likely you will be to use one to land your next deal.Subject to strategies are an alternative to traditional financing, which could come in handy when the right situation presents itself.

As soon as we had the money saved and the opportunity presented itself, we jumped on the chance to start this journey!