If you can't figure it out, then you have to pay for it, split the cost between the tenants, or split the cost between yourself and the tenants.It's good to understand this issue and have a policy in place before it happens.

Obviously they are running against the zoning policies, always feel like doing something in the gray.

You gotta always have that margin of safety 

. - Many of the Renter's Insurance policies do offer limited damage protection to owner, so it may be a good business decision for an owner to pay while tenant being evicted.Property managers CANNOT get liability insurance on a property they have no ownership interest in.

I have to close, apply for a conditional use verification, get inspection ( requiring wired smoke detectors, other safety features) and get a business license.

Hoarding becomes a violation when it presents a fire hazard or other safety issue, attracts pests, or potentially damages the property.

•Do you have a safety net to weather potential slowdowns or unforeseen issues if you choose to BRRRR?

But the risk caused by this, is that the safety cushion is reduced or completely eliminated, and a small problem can cause a catastrophic default on the debt.So, many of these aggressively structured deals have been heavily distressed.

I wish I had a more helpful answer.You could try your primary insurer and see if you can add a STR policy with it.

Policy will not impact the market for a while, even a $25k first-time home buyer credit will need some time to work through the system.