I'm sure how far Lake Monroe if from the University but I would also look into the amount of STRs in that as well.  

I called my local insurance company, as well as two major companies and was told "good luck." 

Hi Ella, welcome aboard,Your post about your real estate ambitions, encompassing the purchase, renovation, and sale of properties, as well as the ownership of Airbnb rentals, is indeed an exciting endeavor.

I am an investor and realtor here in Madison as well.

We bought a 55-unit last year in the same market, a market we've been investing in for seven years.How we found itOur property manager brought us this opportunity (and the three previous as well).

I am glad things worked well for you over the years. 

Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

🔥 Yes Trevor. talked to few agents,lenders,contractors, and checking out the properties, trying to figure the good contractor and deals as well.

Ran into many problems with contractors along the way, paid for some material twice as well as some projects to be redone.

Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.