In this situation i would look into refinancing from a Variable into a fixed just to drop payments and stay afloat if you can't afford the $150/month burn.

It is a way to get some kind of assurance that any guest damages will be covered.I would love to see how AirBNB would react if the whole house burned down due to a guest. 300-500k in rebuild costs.

However, my 8-unit just burned down a couple days ago and it is not livable (and won't be for some time). 

Quote from @Timothy Burns: It's at 24 degrees tonight. 

Sounds to be like "burn-out" on single family homes, I'd rather have 3 houses than 6 apartments any day (comparable properties), from just about all aspects, financing, liquidity, marketability, vacancy, insurance and time to manage, residential SFDs edge out small multi family in my book.

I like the potential return the pro-forma shows, but I've been burned a couple of times already with expensive turnover, tenants leaving a mess and having to pay thousands $ to remove the junk and prep the unit for new tenants.

@William Burns you with RE/MAX Grand Rapids and investing in Detroit?

Many wholesalers crash and burn because they miss this point, focusing too hard on sealing the deal instead of really listening to the people they're supposed to help.

While I am committed to aggressively paying down my debt, particularly my mortgage, to achieve financial freedom in 12 years, I find myself losing money every month due to my repayment strategy.Financial Breakdown:Monthly Income: $3992.00Mortgage Payment: $1608.86Additional Mortgage Principal Payment: $1000.00Furniture Payment: $500.00Water Softener System Payment: $370.00Investment Contributions:Coinbase: $500.00Schwab: $500.00TD Ameritrade: $812.50Current Mortgage Status:Remaining Balance: $249,000.00Interest Rate: 4.875%Dilemma:While I aim to invest in various accounts and accelerate my debt repayment, I am burning through my cash at a faster rate than anticipated.

(Eleven of the top 20 largest wildfires in Colorado occurred just in the last five years, and four of the top five occurred in just the last three years, according to the Division of Fire Prevention.The idea that your mountain home burning down is inevitable is not correct, but neither is the idea that there's zero risk.