Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?

I made a fair size claim last year and it paid off pretty painlessly except for the 90 day lag. highly recommend them.If I had used a regular home owners policy with and STR addendum I'm pretty sure it would not have covered my particular issue.

By creating the Texas Stock Exchange, Lee hopes to address the high costs of going and staying public.TXSE closed its initial capital raise at $161 million, which the company claims makes it "the most well-capitalized exchange" to file a registration.

However, the success of your project will depend on factors like location, renovation costs, and market timing.Many investors have found great success by focusing on high-demand neighborhoods with strong buyer interest.

With a very high costs are so many are stretched to the limit.

If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

A high occupancy does not guarantee the lost revenue.

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.