Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.

Operating in an industry where "we track time," I can offer a few hopefully helpful tips:1.

There are so many new operators in the STR field now, and the questions about certain things are mind-boggling.

LLC in the state of operating?

It works just fine if the operator knows what theyre doing and structures it correctly.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

So this is not something new, I've used Flat Fee agency before and I know how these guys are working.It' small shop operation, 3-6 guys, with 1 TC.

If so, you'll need to figure out why you're not making money - is it other operating inefficiencies or your debt terms?

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

More than likely the asset will in a location where cap ex & management/operational costs are disproportionately higher and therefore your expense ratio will also have to be adjusted to a higher number.