Only 2.14% CoC return though 😞My all in is about $4,100 which includes $180 required flood insurance.

Landlord Insurance: Get coverage for damages, liability, and rental income loss.This post does not create a CPA-Client relationship.

STR has a lot more risk given the seasonality swings and I cannot understate the time involved in bookings and customer service.Having said that we DO have STRs here in St Augustine, Florida in prime areas in the $400s. 

The rest of the cash is sitting in a Whole life insurance policy growing every day waiting for the next opportunity. 

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.

The only defense is saving, reserves, and insurance. 

Hey Zigmunt, I have an insurance wizard at goosehead insurance.

Investors in the rental market can expect strong occupancy rates and the potential for premium rents in tech-centric neighborhoods.Economic DiversificationBy 2025, San Antonio's economy is projected to be more diverse than ever.

I have been considering joining AAGLA and know they have lease forms and other forms, but it is $199/yr.In the next couple months, I am looking to get a standard CA NAA lease written up with RUBS for water and sewer billing and a requirement for the tenants to carry their own renters insurance policies with $100K or so (if there are recommendations around this please let me know) liability limits.Does the community here have any advice on how best to do this and where I could get a lease form that does the trick?