I paid it off within the year, so it cost me no interest. 

I own the property free and clear and i use the equity as part of my business line of credit.

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

It has good integration, is cost effective, and the direct booking feature is pretty good!

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.

Now most of my deals are a combination of our business money, bank money, hard money, and private money.  

- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

If one tenant has been in there for that long, there will also be some serious capex and turnover costs.

Make sure your rehab is "renter" cost rehab. etc.