The replacement cost (cost to rebuild, not the value of the property) data providers are pegging the quadplex at close to $2M and most 1-4 unit rental property insurance programs tap out at $1-1.5M before you'd end up in a commercial insurance product.

It could also be worth it to test the market and see what kind of offers you receive. 

Even with 200 STRs it isn't a broad enough cross section to assume the changes.You would need to have millions of data points to show the trend IMHO. 

Automates lodging tax returns based on your monthly transaction data Prepares, files, and remits lodging tax based on jurisdiction deadlines — for one location or thousands Allows quick access to your lodging and tax filing payment history

Tools like PropStream, Redfin, or Zillow’s market data can help you identify neighborhoods with high demand and favorable price-to-ARV ratios.

Hard to say if it’s a good deal without the most important piece of data, what is the fair market value? 

All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).  

We bought our first rental in dec 2023, this was to test the waters of being a landlord in the US.

those are much more compelling than running a bunch of data and picking a random low cost market that you don't know anything about and don't have a network in.hope this helps

Going to share my paltry data with you (after a little over a year of being up and running).