The flood insurance has also been extremely unpredictable at any of these beaches, so that's a bit of a curve ball.

These homes are what most people picture as “home” and lend themselves well to coliving strategies.

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

Section 8 can be a solid strategy, especially in cities like Detroit where the rent-to-price ratios often make it worth considering.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

., home office, health insurance).

• Is this a better strategy than using your own name, capital and credit to start out?

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

Also, long term, I expect Sac will enact tougher restrictions on STR, given the intense housing crunch we're experience, so I personally don't expect that to a be a good long term strategy.