Typically people only get insurance on things that they own, or liability insurance for their own protection. 

Now, Christian hasn't been active since 2023...but sometimes people just read things and don't respond very much.Now, the things I would share with you in your inquiry here:1.

And you’re still not in Nazi Germany.BUT, Donald Trump is about to make a lot of people rich.

But I guess to answer your question, I find people who are going to foreclosure.

Beautiful thing about RE is there is plenty of people out there and you can find the right fir for what you need as the seller

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

You could then again qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes.I think that people can get rich in this way without any tax burden.

Is this how most people do it? 

I find single ADUs are mostly being added by people with minimal RE investment experience often without a clue as to the value that will be added by the adu addition.  

It sounds like you might be in the situation I'm in: buying a vacation home that I plan to use as a STR when I'm not using it so that other people can help pay my mortgage.