.- 22% faced rental insurance hikes of 11% or more, and 50% saw property tax increases of over 6%.- Conventional loans remain the top financing option (44%).Give it a full read on our BiggerPockets Blog

I've used an extra guest fee as insurance for parties to recoup some money for damages successfully.

The data is clear:  Stable, B class investing of quality assets, professionally managed makes investors rich through equity. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Adding in taxes and insurance you are probably going to be around another $250 for a total of $1,093.00+/- that’s a positive $507.00 a month cash flow on a $130K which is good. if the rents are $1600.

Here are some quick end-of-year tax strategies to offset rental income:Cost Segregation: Buy a short-term rental (STR), put it into service, and use cost segregation to accelerate depreciation.Prepay Expenses: Pay for repairs and insurance now to deduct this year.Defer Income: Delay rent until next year to lower this year’s taxable income.Maximize Deductions: Deduct property taxes, mortgage interest, and insurance.Charitable Donations: Donate before year-end to reduce taxable income.These won’t offset W-2 income but will help reduce rental taxes.

After insurance, tax, mortgage, and pm fees, net income is $40,057. $24,540 annual in annual interest to the bank.

It's not that dry closings are illegal, but most title insurers will not insure closings that are dry funded.

Double-check whether one of those fees could be mislabeled or duplicated by mistake.Since you're using OHFA’s 5% DPA, you should expect some additional fees related to that, like possibly higher closing costs or mortgage insurance.

My insurance is $120 per month.Is this deal possible?