I know it seems difficult to turn down the potential income from this lease, but be patient, renting season is just around the corner.

While I haven't had to file a claim with either company, I appreciate that Proper Insurance is backed by Lloyd's of London.

Start by networking through local meetups, REIA groups, and online communities like BiggerPockets to connect with experienced investors.

Try to find something that is surrounded by residential homes if you can.

-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Start by going to www.narpm.org to search their directory of managers.

Quote from @Dawn Harris: We have a STR managed by a property management company.

Nice first name by the way, LOL.... 

Here’s my recommendation to get it under control: For a quick fix, start by sealing up any gaps using acoustic caulk around outlets, baseboards, or other small openings.

House hacking is by far the best strategy for people to get into our market.