I am an out of state investor and the property will be vacant until sold. 

You can also check out Small Change https://www.smallchange.co/

You can put as low as 3.5%-5% down payment and rent out the vacant units to offset your mortgage as we all call it Househack @Carlos Valencia @Albert Bui

Plus, if your property isn’t right on the water, the chances of it getting completely wiped out are even smaller, around 10%.And if you’re not in a flood zone, then it’s really just a matter of balancing the cost of insurance versus the potential gains in a market where people are panicking.

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).

Now we have 6 more properties (multi-families, vacation rentals and commercials) and have started to "figure it out."

Thanks for that shout out @Jackson Hanssen. 

That supply bump has leveled out since 2023 and in 2024 we are starting to see metrics creep back up, albeit slowly.On the regulation front, the City of Columbia passed and reasonable regulation for STRs in city limits as of 10/1/2023. 

But it sounds like you’re already doing that on the 2 units you’re paying out of pocket. 

I have done private lending out there for years.