Hi all- We closed on our first STR literally one week ago and today I was informed by my insurance agent that our homeowners insurance company cancelled our coverage because in their words "A HOME/DWELLING RENTED LESS THAN WEEKLY IS INELIGIBLE FOR COVERAGE."

I cannot seem to find any information on if there is a waiting period, am I tied to the purchase price as the home value even if there are significant improvements to the house that raise the market value of the house?

It appears to be law in every state, according to a few online sources, that the landlord must inform a tenant of all cameras on a property including common areas.

But at this price point they are going to be more conservative on ARV because of the smaller buyer pool.Based on just the information you've provided, I'd expect a flipper to pay $875k for the Property. 

These are some very valuable information.

It shows the information of a LLC that is in austrilla.

The reason why you are not having any success finding any information is because it doesn't exist.  :-) It's like looking for an insurance for a speeding ticket.

I have the owner's contact information.

I'm sure their statements say that they prepared it for informational purposes over.

A few bank statements don't give you enough information to determine what their business expenses are.