Citizens was the only one that gave me a wind only quote but is was astronomical, also mentioned even though its wind only, using as a short term could disqualify. 

Check out their astronomical booking fees that they don't share with you as an example. 

insure it for the cost of buying an equivalent buIkdIng ( not rebuIod cost) and get liability in case somebody slips (I use 300,000$ ) if you start getting all that other crap like missed rent , vacancies , flood insurance , this that and the other your premiums are going to be astronomical.

In some areas, that price point might be average, in others, astronomical. 

Also, the knowledge you will gain from the first purchase will be astronomical in your growth as an investor.

The risk seems astronomical to the cash provider.If I were the cash provider and I believed you could do it, I would offer you compensation based on metrics. 

The multifamily space really interests me because theoretically I could pick up a 4plex, rent 3 units out and do a mid-term rental in the 4th, which would allow me to utilize that unit for myself whenever I want to come visit.As far as price-to-rent ratios, I have noticed that rents aren't astronomical in most places, but prices also aren't what they are in my city.

In addition to 7% interest rates, the tough situation we find ourselves in here in Florida is the astronomical taxes and insurance we deal with.

My beach STR appreciation is astronomical-a couple hundred thousands but mountain STR is up about $125000 and that is slightly more than 50% of what I purchased it at AND my rural mountain guests are way more chill than beach guests in terms of expectations.

However property tax in Texas is astronomical, which has turned us off that area.