At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage. 

If you can concretly tie increased usage to that unit, I would give a notice that rent is increasing due to excessive use.

Some investors might also offer a flat fee, anywhere from $1,000 to $5,000, if it’s a smaller deal or if the realtor’s involvement was minimal beyond bringing the opportunity to you.You can negotiate based on how much work the realtor did (e.g., facilitating the deal, negotiations, etc.).

.- DM us for one that will do for flat fee.4) Highly recommend having property professionally inspected, including sewer camera.

Your set in notion that all doing STR would not consider anything less, doing arbitrage, your flat wrong.

TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable

Best,JacksonUsing ChatGPT-generated responses adds no value to a discussion of Colorado STRs but more importantly ... much of this is flat-out incorrect information.First off, it's laughable that "Breckenridge" would be proposed as an option for a first-time investor.

Engage in the 'daily dials' orchestrated by our adept group leaders, and you'll gain invaluable experience in cold calling, navigating various seller scenarios like a seasoned professional—handling sellers with no urgent motivations, those demanding excessive down payments, or even those claiming to be too aged for owner finance or refinancing.Every day, we convene on Zoom to delve into an array of topics, not to mention the invaluable Q&A sessions where Pace generously imparts his wisdom on any challenges you might be facing.

The forward treasury curve suggests that the Fed needs to decrease the fed funds rate 200-250 basis points from Sep-24 to Dec-25 for us treasury (and mortgage rates) to stay flat to where they are (i.e., us treasury (and mortgage rates) have already priced in future Fed expectations and mortgage rates will go up or down if the Fed cuts less or more than 200-250 basis points). 

If you're not in the area and can't do this, maybe negotiate a flat fee.