As you begin your REI journey here is one tip I have for you:Use this website as you are trying to narrow down the places you want to invest in. https://www.areavibes.com/Its awesome because it gives you a "total livability score" & you can compare different zip codes & streets to others. 

One tip I have for you when it comes to finding an agent or lender go to the top of this page under BUILD YOUR INVESTING TEAM and click on AGENTS & LENDERSFrom there you will be asked a series of questions and then you'll be matched with 3-5 agents/lenders.

When I consider the risk and the rebuilding costs, I am surprised the insurance is not even higher price.We got a referal for our CA FAIR agent from the RE agent and they were real responsive. 

Let's cut to the chase:  "A tenant is obligated to follow HOA rules, as they are considered residents of the community and must abide by the same restrictions as homeowners, even though they do not own the property; the landlord is responsible for ensuring their tenants understand and comply with the HOA rules. 

I have a friend that owns over 60 rentals in his personal name and he's never been sued.

Wow, thank you all so much for your responses.

Once verifying see if you can talk to the buyer directly & explain the 90-day flip rule and see if the buyer is willing to wait 2 weeks before submitting his offer. 

Your response may turn off a number of guests who were thinking of booking.We've all had guests whose unrealistic expectations were not met and could never have been met.

Depending on when you see this response, I think Momentum 2025 could be a perfect fit for where you're at right now, it's a weekly 8-week virtual series going over all kinds of RE topics with the pros, there's time for Q&A and also everyone will have access to small accountability groups to network and bounce ideas off one another.

The way it comes across is that his insurance payout escapes taxation, as long as it's below basis/purchase price.