As opposed to a brand name insurance company that likely will only have 1 option.

But once rat-race to sell starts and mortgages drown under water how many people will make sacrifices and pay their last cents to stay current in the mortgage, as opposed to letting banks to foreclose?

Consequently, most STR owners look at the revenue from renting as a way to offset the cost of having a ski house as opposed to strictly as an investment vehicle.  2)  How are STRs regulated in the area where you would want the vacation home?  

This is why the agencies don't let you swap out management companies, or engage in unexpected mass-renovations (as opposed to simply renovating on turnovers), without their prior approval.

The hospitality industry lobbied pretty hard for that to happen to give them an edge since those are areas where hotels are located as opposed to residential zones. 

As you may know being local, SB249 is the bill that came up as a defense against towns like North Conway trying to shut down STRs, but it ended up in zombie state due to the sheer nature of diametrically opposed views on the matter and Governor Sununu’s push to do better than what the bill ended up proposing.Some details here: https://legiscan.com/NH/bill/SB249/2022As with all areas in New England I encourage investors to start thinking of oversaturated STRs markets as expense offset versus cash flow properties.

Even if you can't get the 100% of purchase + 100% of rehab though, you could still be looking at only needing to cover 5%, 10%, or 15% of the purchase with seller financing as opposed to the more standard 20% down on a DSCR loan.

Normally, I'm always opposed to selling anything ever. 

We do not drink but I wasn't opposed to providing a local wine that was fun.

Thanks everyone by no means am I opposed to paying 0 in closing or buyer agent fee's and this thread helped provide clarity on what to expect.