Quote from @Steve Tokita: I am an out-of-state investor living 1500 miles away from three properties that I am currently renovating to rent or to flip. 

Got a question for the Jersey City hosts - I bought a single-family home recently and plan to rent out some rooms.

For the high cost areas like Palo Alto it is difficult to get a property to cashflow out the gate because rents have not caught up with the cost. 

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.

Upgrading isn't worth it if you are planning to rent it out(generally) unless you were planning on doing a refi or sell it.

I rent the one duplex for 10k a month .

District South has a priceless location that backs up directly to the famous Nickel Plate Trail."

It is one reason most LLs will not accept CCs for rent payments.

I know nothing about the properties, where they're located, or what carriers have already been approached.There's not really a such thing as supplemental coverage for this situation.I hope you find what you're looking for.

Purchase price: $270,000 Cash invested: $20,000 Sale price: $360,000 Purchased a house to rent out and complete smaller but necessary renovations and cosmetic updates over time.