Insurance costs have been crushing cashflow on a lot of rentals as well - I've seen HOI quotes on $200k-300k houses come in as much as $200.00/month over expectations.

I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow. 

Attorneys are very tight with title insurance companies so you won’t have to look far. 

When vetting contractors, check if they’re licensed and insured, ask for at least 3 references and call them, and get detailed written estimates and timelines.

The insurance agency I work with is having trouble finding a company that understands that type of policy and also offers it.  

Hi Everyone, want to introduce myself. My name is Dina, I live in the suburbs of Chicago. I have bought and sold several properties across Chicago and Barrington area over the past seven years, and was a real estate a...

This is also accounting for my increase in insurance costs due to adding insurance to the ADU. 

From what I’ve read in The Economist, demand for “off-the-beaten-path” destinations has increased post-pandemic, as travelers seek quieter, less crowded areas.In my backyard, investors and homeowners alike are increasingly drawn to areas like Gilbert and Chandler due to their exceptional growth potential and quality of life.

Condo mortgage is $2100/month (with insurance, HOA fee) and the rent would probably be $2200/month.

. - some strategies I've seen California investors use to lessen negative cash flow: house hacking, mid-term rentals (people temporarily displaced from home renovation or insurance reasons like fire), rent by the room, Short Term Rentals. - The ultimate house hack, live in the small ADU unit and rent out the two levels of the main house on AirBnb in San Francisco (I would have thought STRs are oversaturated in S.F. but it worked for them and they stay fully booked).