This should include potential rental income, expenses (including property taxes, insurance, maintenance, and potential vacancy), and your expected return on investment. 

I always let them know what I am doing and let them know about airbnb insurance or let them know that you will take care of repairs that tenants will do. 

Same answer whether you borrowed against your residence or against your rental A or against your life insurance or from your family or from any other source. 

You just mitigate it as best you can, carry good STR insurance and roll the dice!

Originally posted by @Alfredo Martinez:Hello, I am a contractor licensed and insured in New York & New Jersey. 

You have the mortgage, taxes, insurance, maintenance, capital expenditures (roof, flooring, etc.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

(Insurance, Loans, Zoning, STR, ADU's, ??

Should I use a LLC vs. insurance must have 100,000 posts on this forum. 

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.