Avoid basing it on uncontrollable factors like taxes or insurance.

--I closed all my tax and insurance escrow accounts, because the money is better off lowering my daily balance and interest and will pay those just in time.

While insurance might cover the reconstruction of your property, the community's recovery could take years or, in some cases, never occur.

Consider whether an LLC is right for you—it can provide liability protection but isn’t essential for a single property, as personal liability insurance and an umbrella policy may suffice.

I couldn't be more pleased.This type of investing would highly recommend for those folks who don't want to be on the phone with lenders, property managers, insurance companies, trying to upload 100 documents to the lender, etc.Recently, I sold a rental property and did a 1031 exchange.

Who's name is the lease in, tenant or insurance company?

When accounting for carrying time on the bridge debt, taxes and insurance or alternatively over raising equity to take down the land, the costs add up quickly.  

This allowed us to maximize revenue and occupancy more effectively.Safely Insurance: We also decided to use Safely Insurance, which provides comprehensive coverage for guest damages, liability, and protection beyond what Airbnb or Vrbo offer.

On the roof is there hail damage where it can be insurance claim worthy?

Given today's market.But conservatively, at those prices ($1,100 studio, $2,100 house) they would bring in$38,400 a year. 53% of that would go to fixed expenses ($899 mortgage @ 2.15% interest, $5.8k property tax, $4k house insurance).