However, if the deal is average, waiting to house hack could provide a better foundation for your portfolio.

The newer and amenity provided properties are still holding their own but activity is down compared to COVID area.

So don't leave anything in an MTR that is irreplaceable.In addition to security deposits, you can also use the AirCover program for Airbnb bookings and third party services like Waivo and Safely that provide mini insurance per booking.

At that point we tested the waters and gave them the option to keep the money or to reinvest it in another property.

instead of a lender try to find a capital partner and share the deals.. thats what I do provide money for JV's  works great its a win win.. your going to waste your time trying to find nothing down lenders.. unless you already have one that really loves you then its possible.

I've had a couple of bad actors, but all in all I've had good experiences and continue to provide this type of housing.   

Are there any insurance policies or providers you recommend for this unique use case?

It's still important for each individual to test the software platforms to see which one they prefer.

They provide strong asset protection, separating your personal finances from your business.

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).