Hi Marshal, welcome to the community!

This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month. 

However, if it is an STR, the depreciable life would be 39 years.

We have multiple properties in the Horn Lake area of MS and we are wanting quotes for Landlord Insurance. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Even if I were sued, I document everything and obey the law, so I won't be found guilty.

The lender may then require your co-signers to be owners of the LLC, but not necessarily.

At a high level it will all come down to the specific piece of land you are looking at.  

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.

A lot were doing air bnb up until the new rules came in place for the city of San Diego but you can still find a property outside the city that you can potentially do STR with to cash flow.