Recently a friend recommended I looked into BiggerPockets as I was telling them about my "concept of a plan" and maybe he could also notice my hesitation.

Make sure to communicate your BRRRR strategy with your insurance agent so they can recommend the right coverage for each phase.I learned this lesson the hard way: https://www.biggerpockets.com/forums/853/topics/1222933-my-b...

If you're concerned about whether the rates match what was rented, we recommend asking your property management company if they can provide access to the booking details.

I also recommend that you attend some local real estate investment meetup groups.

Hey @Amit Garg happy to help out with this as I'm pretty familiar with the various programs in Canada, as I've built quite a network over the past 10 years with investors across Canada and hear a lot of things.I think it would be best to jump on a call and talk about it.Without knowing more about you and your goals, it's hard to give a recommendation.

I never recommend to my clients to be the ones to deal with the tenants unless they have the experience.2.

On the other hand, tenants tend to cause damages when moving these appliances in/out, so having them in place may be safer.I recommend you look at what others are doing in your community and price point.

If you need current income, I'd recommend another fix/flip.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I’ve received multiple quotes from insurance companies (mainly I would obtain the quotes myself).