IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out. 

My issues with RentRedi have not risen to the level requiring immediate action. 

Having a mortgage and your normal STR insurance is already 2 levels of protection. 

If you have a high level of faith in the company you are working with, then time will do what it is supposed to do and increase your IRR.  

Level up and run some numbers--maybe a different market will reveal itself. 

My question is are you putting all of your money in the stock market, or are you still doing some level of real estate investing?

This approach balances cash flow, scalability, and long-term growth, aligning with your goal to transition from corporate work within 3–5 years.If you plan correctly, you might not even have to pay any taxes at the W2 level as well.

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

Josh Duncan Josh it depends on your comfortability level but I have been taking out 401K loans to fund my real estate and personally I love it. 

So, we have to "hope" they have a very high integrity level.