Just make sure to fully understand the loan terms, especially the interest rate and repayment schedule, so there are no surprises.2.Condition of the Property: If the property isn’t in really rough shape and you were able to get insurance on it using a 4-point inspection and wind mitigation, you might even qualify for traditional funding options like FHA, Conventinal, VA, a cash-out refinance or a home equity line of credit (HELOC).

I feel sorry for the people losing everything in the fires , insurance will go up .But I wish I was the guy  driving this bulldozer ;t=162s

Insurance for sure wouldn’t cover you.Just a thought and I could be completely wrong!

It's taken me nearly 15 years to acquire 26 LTR SFHs and get to the point where the past investments will cash flow life and pay for one additional SFH per year. 

These areas not only offer reasonable purchase prices for most investors but also feature turnkey homes—either newly built or fully renovated, ready for tenants, with systems that still have 10+ years of life remaining, and property management teams in place.

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP. 

I understand they can make our life a lot easier but is it worth it if it eats up a lot of our cash flow? 

Mgt, Landscape/Snow, tax, insurance, utility then debt service. 

.: Hi there, my STR in the Hudson Valley, NY is currently insured with Proper.

L&I has labeled both of them as “unsafe,” meaning the agency found them to be “dangerous to the life, health, property or safety of the public or the occupants of the structure.”