Even if a family has high coverage, the insurance adjusters still want the lowest option so it's important to also be competitive. 

The current option that we are looking at is buy, live in 1-2 months of the year, convert to MTR or STR for the other months (especially since we are flexible on our end). 

Plenty of options if you have equity/assets and an exit strategy. 

On the positive side, the price points and rent-to-price ratios in Detroit make it a compelling option compared to California.

Some more options for investors facing similar problems with Beattie, Blacktip, or other builders:1) Contact a real estate attorney to advise you on your options.2) File a complaint with the Florida Department of Business and Professional Regulation (DBPR) (more info: https://www2.myfloridalicense.com/file-a-complaint/)3) File a complaint with the Attorney General for the State of Florida (more info: https://www.myfloridalegal.com/how-to-contact-us/file-a-complaint)4) For filing a small claim (under $8,000) in Lee County Civil Court (more info: https://www.leeclerk.org/departments/courts/small-claims)5) Contact WINK News with your story.

@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.

Always evaluate your options based on ROI and the impact on tenants to find the best path forward.Good luck!

Sometimes the cheapest option isnt the best option, and most over-the-phone rate quotes (saying "I have 800 credit and 20% down, what's your best rate?")

They tend to have worked with a lot of PM's in the area and can help you weed out the good and bad options. 

I’d love to share my knowledge and experiences with anyone interested in learning more about VA assumptions or other creative financing options.