Should someone damage one of those, I feel fairly confident that I could scrape together enough spare change to replace them, without it bankrupting me. lol I was simply asking for recommendation on who people on here use for liability on their STR's that would cover the things like animals and outdoor activities.

As it has been more than 48 hrs since I have been informed about mold, could I enter the property and take it over as an emergency issue ?

One might think this would help first-time owner-occupant homebuyers enter the housing market.

For example, you might be into a home for $85,000 and it appraises for $110,000 which would give you the bulk of your capital back upon a refi.If you don't have the cash to do all-cash purchases you can simply buy stuff with 25% on financing upfront.

I’m thrilled to be a part of this wonderful community of investors.Whether you’re looking for insights into the commercial market, need advice on your next investment, or simply want to discuss trends over a coffee, I’m here to help.

You are about to enter a strategy, in a market, that is extremely competitive? 

Why do we all say that, because it simply was. 

Your comment about building more houses/increasing supply to make housing more affordable seems to indicate that you are referring to simply increasing supply to lower prices.  

I do a lot of deals that HML simply wont do..

Doing so ensures they've had notice sooner rather than later, and also so they know I'm running a business and not simply enjoying a hobby in real estate.On the other hand, if the tenant doesn't pay the rent when due, the law in Michigan only requires a 3 day notice.