But since this is will be your first STR and you and your husband both work full time and you have a child, I highly recommend you talk to other STR owners to get a better understanding of what it is like to self manage a unit from long distance so you can determine whether this is the best course of action you want to take.Wish you luck.  

you don't need life insurance if you don't have anyone who is relying on your monthly income (aka. your child).

I do have one child that is a vegetarian because of this.....small price to pay for high quality meat.  

Just child support.. ( kid was not neglected financially.. she got a new car for birthday from me.. and didn't live with ex wife )  ..

We're also just a few weeks away from welcoming our first child so travel is a little difficult at the moment.

Wish I could remember the episode but they discuss how they purchased an investment property when their child was born and sold the property when their child went to college.

For example, prioritize properties with outdoor spaces or child-friendly amenities if you’re targeting families.

You could also sell the subject property to payback the loan instead of coming "out of pocket", or even just take the cash and pay for a child's college.We're at historic lows for interest rates.

This is then used to pay for free medical care for all citizens and they even had child care for workers.

Instead of suing YOU or the LLC that owns all your properties, a tenant can only sue that individual child LLC and will only have access to those assets (IF a lawyer decided it's worth their time to pursue it).