Any idea about insurance?

But I think I would rather be in, increase rents increase value then get back out before any major work needs done.It would cash flow positive as it sits after mortgage, taxes and insurance.

If I'm using traditional model for 1-3 units and outsourcing management at 10%, after collecting rent (let's say $1,000 per month per unit), mortgage, taxes, insurance, vacancy, maintenance and management, I should be able to cash flow around $300 depending on taxes at 100% occupancy.

Unless you need help with a low down payment, a traditional loan is better than a FHA insured loan. 

Wouldn’t supplemental insurance cover anything else that Airbnb’s insurance doesn’t cover?

@Jason DiClemente$85,000 with 10% down -8,500$76,500 financed at 7% for 20y Tax and insurance = $400 a month $593.10 or 993.10 ish I want a 5 yr ballon loan where you would go to a bank to get a regular loan in 5 years.These are some some of the details.

Norada walked me through initial steps and gave me contacts to reach out to for lending, insurance, and property management.

1) Have them get a liability policy with the landlord as additional insured and proof of coverage, and proof that the dog is covered. 

You probably mean advances for escrows for taxes and/or insurance?

I am self-employed, so I was hoping to get a No Income Verification style loan (at least that's what it was called last time), where they look at your bank statements to make sure you have enough coming in to cover the mortgage, taxes, insurance, etc..Basic stat's are as follows:-Income roughly $5,300/mth in deposits (minimum)-No car loans-Current townhouse has been paid off for a few years-Have a couple commercial properties (one in my personal name ($300k ARV) - just purchased in June 2018, the other one ($300k ARV) owned in a corporate name for 3 years).