My recollection is (and insurance experts on BP can correct me if my memory is wrong), but most insurers will only pay "replacement cost"  policy limits, if you actually replace the damaged property.

Two main reasons being: (1) debt does not increase your basis in an S Corp, which means your losses get limited.

Failure to meet material participation rules will limit rental losses to offsetting passive income or carrying forward.This post does not create a CPA-Client relationship.

It provided loss of use coverage and high liability limits but at less than 50% the cost of the quote I got from Proper.

The result could be limited, no rent growth or even rent decreases.

Many companies are also limiting the claim for mold.

With your income, you may qualify for an FHA loan with a smaller down payment, but buying now could limit your borrowing power and increase monthly payments.

I'd recommend house-hacking a duplex or triplex if possible to help limit your living expenses.

It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

Staying in one market can limit long-term growth.For example, in my case, while we currently manage investments in Europe, I am evaluating the possibility of investing in the U.S. soon.