Avantstay provides $1M liability insurance and they cover all guest-related damages (for master lease).

I will PM you my rep -- they are in Indianapolis, but if they don't cover your territory, I am sure they can send you contact info for someone. 

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

However, most of these properties still cash flow well (or enough to cover PITI). 

I want the cash flow to cover any expenses the property may have.With my next property I am trying to figure out what state/town to go to.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Holding a piece of real estate over time that a resident provides every dollar you will need to cover the holding, maintenance costs, and financing costs, all while it goes up in value, is the same with a property marketed "turnkey" as it is with any piece of real estate. 

I'd look at the closing docs for something related to the pro-ration of expenses etc and see if you have anything there that could be a clause you point to for them to cover those payments. 

I hope that covers your question(s) Thank you Cari.

I've met Lee Arnold and he's a wonderful person and has a proven track record of success, which is why we sought him out to be a cover feature in Realty411.