Is STR insurance different from home owner insurance?

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.

To become a true business owner or investor, you need to leverage your time through others.

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We've seen this soooo many times in our Detroit market:(Have actually had owners choose not to do business with us because their previous PMC didn't require it - so, they thought we were the incompetent ones.Have also seen incompetent PMCs wiring funds internationally to owners - and these owners not having an ITIN, EIN or SSN!

We allow pets so it is no big deal.In the end, it is the animals owner who needs to make the decision.

There are a lot of people that are wanting to owner occupy, which has driven greater demand for these properties. 

I brought a vision to the home that previous owners couldn't see and therefore sold.

I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out. 

I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.