The area looks to be a decent area for STR rentals and has potential to be a great investment if that goes well, we won't have a mortgage on the property so outside of taxes/insurance/utilities it should be easy to cash flow.

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

Hi all,I have a strange insurance situation in Cape Coral, FL.

Dont just turn the Claim in with your insurer.

Title insurance.

Annuities and cash value of life insurance are fully exempt in Texas and Florida as well. 6.

If I was going to sell one of my parks I would not provide my tax returns or bank statements but would provide my P/Ls, rent rolls, list of utilities, taxes, insurance, etc.  

Title Insurance.

If investing out of state, I recommend building a team you trust including a realtor, property manager, lender, and insurance agent, and maybe even a mentor who has invested in the same area.

With used cars averaging $34,859 and full-coverage insurance costing $2,496 annually, only California is pricier.