How do you navigate that challenge in a market like Utah, where achieving that kind of rent-to-mortgage coverage is becoming nearly impossible?

It's possible to find cheaper options but make sure you evaluate the coverages offered.

- Insurance Implications: How might allowing pets affect my homeowner's insurance, and what steps should I take to ensure proper coverage?

If you really want to supplement your income, my thought would be to take out a HE loan (or some other 2nd position loan) and use that to fund a down payment on a property.

The bottom line is it important to be on both sites in order to get the best coverage of the available guests. 

Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc.              5.  

Is there solid equity coverage? 

They do everything for you (payments, taxes, insurance coverage) - the website and app are easy and functional and you can vet your guests!

@Seth RolandLoans like bank statement loans or DSCR (Debt Service Coverage Ratio) loans could be great options.

Quote from @Steve Tse: @Jason Taken why are you giving me a contact of a loan officer when I am looking for insurance coverage ...?