I’m talking about getting thorough with expense estimates, factoring in property taxes, insurance, and a cushion for maintenance.

CA has it's upsides and both states have insurance issues.

To avoid similar rip offs in the future, the investor needs to bear responsibility for vetting any investment offering they're contemplating, or if not just leave your money in government guaranteed investments (like FDIC insured bank accounts).  

“What about medical insurance?”

Each closing, whether multi-family or single family, is going to have some of the same costs: title insurance, attorney fees, inspection fees, appraisal fees, fees associated with financing, etc.

You know, like any other INSURANCE PRODUCT.  

For liability protection, consider umbrella insurance, and ensure your accountant understands rental properties qualify for deductions without LLC ownership.

Failures: Had a house that burned down this month that wasn’t insured as high as I should have.

Airbnb tech team is working on it they said but this is how I added categories besides the ones Airbnb suggested for my listings) Hi Garrett, I'm new to the STR world, but I own a digital marketing company for insurance and have been an SEO for the last 16 years.

I always let them know what I am doing and let them know about airbnb insurance or let them know that you will take care of repairs that tenants will do.