• High renovation costs.

I would highly recommend @River Sava over there, she's great. 

Join a high producing team.

Sadly, this price-gouging behavior has become the unfortunate new norm in the insurance industry.There's a high likelihood you'll need a broker familiar with surplus lines.  3 weeks isn't much time - if you aren't working with someone already you need to get in touch with someone asap.

@Daniel Green some good suggestions and really high performers on this thread, you are in good hands. 

We fully furnished the home through FB marketplace and estate sales- nothing high end by any means, but very retro and mid century. 

On the flip side, the margins aren’t quite as high as with rehab projects.

I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

Hopefully someone with tax accounting knowledge can jump in here with more detailed analysis, but I looked at this a bit several years ago...1) You still have to pay the depreciation recapture on the sale decreasing the net benefit of this approach due to the large tax payment in the 'sale' year2) The LLC would need to not be a passthrough entity so that it can be taxed separately from you, so you have to add another tax return cost for the years going ahead3) Taxing it separately from you likely means corporate status and corp. taxation rates which are higher than yours and I've heard many times over the years to avoid titling real property as a corp...Overall from what I've seen this only makes sense in a select few scenarios, which for most people aren't in play. 

If you’re looking to capitalize on the market in 2025, here are the top 10 cities in the PNW that are yielding the best returns on investment:1.