I believe shared housing is going to become more popular, due to the lack of available housing throughout the country; and lenders, insurance, etc. will need to find ways to accommodate their use. 

if it burns down, I will have insurance.  

Also make sure they have proper license and insurance and name you as additional insured for liability.

I’m aware that money is likely going to be spent but, assuming it doesn’t, then can you still make tax free cash flow simply off of the recurring deductions like interest, management, hoa, utilities, taxes, insurance and depreciation? 

That is why large private equity firms and buying up parks all over the country... they have great cash flow and don't require a lot of 'management'. 

I'm with the nation's premier cost segregation firm here at CSSI.

$30k in equity and 100% cash flow besides taxes and insurance.

After the 2 hurricanes maybe only 25% were still on the beach, but the hurricanes were a pain and resulted in our insurance going up significantly. 

However, depending on your loan type, if you put less than 20% down, you may have PMI (private mortgage insurance) which will make your monthly payment higher by up to a couple hundred dollars.

Or if my landlord homeowners insurance policy will cover this?