Tourists, retirees, and seasonal residents provide a steady stream of potential tenants.Lifestyle Perks: Let's not forget the amazing Florida lifestyle!

Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.

Yes it's a huge problem.You should fix this correctly now.Open the walls and put in proper sound reducing insulation.

Have to look at these things properly.

The ownership structure as indicated on the title must match the named insured on the policy to ensure proper coverage.

I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.

Without proper support, removing the wall could have compromised the structure of the entire house.

Do a bit of digging, and you can find single-families in suburbs like Decatur or Meridianville that appreciate at rates above the statewide and nationwide average and hit the 1% rule at the same time.One caveat, though, is that most rentals in Huntsville proper probably aren’t going to deliver the cash flow you’re looking for.

If you are simply buying for a lifestyle investment, then you have much more leeway in what/where you might consider buying.