now, if you want to buy an STR as an investment, and you NEED the income to support it, that's totally different...

Totally understand the struggle of gathering insurance quotes - BP makes it easy for you! 

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!

The reason I post this here is because I got totally different answers from two CPAsHere is the story:I bought the house as investment property and run it as STR for the last two years.

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.

If section 8 pays $1,500 a month, then other gross income sources in the above example (if 3x income ratio is allowed) need to total $4.5k per month. 

And also totally agree, either you need to be on the ground yourself or have a really strong team in the market.

Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

Maybe a month of vacancy total in the past 3 years.I'll take that deal all day.

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!