Do you see the BS propaganda at play in this narrative being spoon feed to the public?

(On that type of deal it should but play it safe)Even if the seller can show you a current policy and that is what they are paying now you as the new owner may not be able to secure that same rate even from the same insurance carrier.

If I don't get paid at least 92% pf the rent, for any reason, there is no bonus. 

The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370

Hey Lucas - Check out this article that goes over how DSCR loans play into BRRRRS.

Hey all, we recently did a cost seg & bonus deprecation on our STR for about $180k worth of deprecation. 

took bonus deprectiation of $100,000 as well.

Also remember that Real estate is a long-term play so even if the cash flow isn't a "home run" right now you can refi later and hopefully even pull out some equity you can put down on another one, bringing you closer to financial freedom.Thanks for reading BP!  

Not because it might be mispriced, or the area isn't seeing that much demand anymore, or any other reason - but because that will come into play when the bank does an appraisal on your property. 

Added bonus would be being able to operate out of a savings account to allow some interest income on my reserves.