Based on the numbers and my strategy, do you think this is a good investment for my first property?

Insurance : This area of consideration deserves its own deep dive so we’ll briefly highlight key concerns. - The underinsured.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

However, a different niche such as insurance placements, might very well be in the 70%~ occupancy level but the rents are going to be so much higher that the occupancy rate (comparatively speaking) is irrelevant.

Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors. With fluctuating interest rates, tighter lending criteria, and increased competition for...

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

If that's the case, maybe look at a different house hacking strategy that might work (like a SFR with an ADU or renting by the room, ie having roommates).2.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.