This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.

If you are accredited, the best thing to do would be to invest 50k into a syndication and soak up all the knowledge of how it works from an experienced operator before you make the decision whether it's your plan.

I’ve heard about partnering with insurance companies for displaced families, working with military personnel in need of temporary housing, and possibly connecting with other organizations that require mid-term accommodations.I tried reaching out to GEICO about insurance-related housing needs, but they didn’t seem to have a clear process.Does anyone have experience with this niche?

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

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

You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.

@Jacob AndersonI've only used my HELOC for investing when I have a quick exit plan.

The plan is to transition into a new home in 2025 or 2026 while converting this property into a long-term rental.

Charges for marketing pics, 3-D Tours, Floor plans?

My mortgage increased earlier this year as my home owners insurance went up due to the company closing and my escrow didn’t have enough to make up the difference so I’m kind of pay check to pay check right now.