Typically the rates change depending on if you are occupying the property or not.The reason most people talk about house hacking is because of the benefit of lowering your expenses. 

You will want homeowners for your side, landlords insurance for the other.One advantage of landlords insurance is that the rates tend to be lower than homeowners rates because you do not insure the contents of the home.

I always represent myself and that pays for the license each year with one transaction.

Unless rates lower it may be status quo.

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

A lot of markets in the Midwest offer lower prices, cheaper taxes and are landlord friendly as well.

I'm telling potential STR buyers that if they can stand short-term mediocre numbers, they're likely to see an increase in the metrics in the next year or two as A) new investors continue to waffle over the higher interest rates so new listings decline and B) some existing owners sell because of the lower numbers of the past year.

Conversely a restaurant could pay 200k in rent but do 5 million in sales for 4 percent rent to sales ratio.Typically lower rent and B to C sites only attract the smaller tenant off name franchisees.

Instead, this rise is influenced by certain listings being unavailable during this period, along with higher prices set by some high-end listings to offset lower demand.Now, let’s examine the variation in cleaning fees per day of booking across the year, applying the same filters as in the previous case.Here are some observations:In contrast to the average daily rate, the cleaning fee per day of booking remains consistent throughout the year.The average value for our subarea in Okaloosa Island (represented by blue dots on the map) stands at $20.6 per day of booking.Financial Case Study: Analyzing the Performance of a Short-Term Rental in Okaloosa Island, FloridaIn this section of our analysis, we are going to conduct a financial case study to understand the expected performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Santa Rosa Blvd., in Okaloosa Island.Here is a summary of our findings from the previous sections:There are two demand hotspots for short-term rentals in Okaloosa Island, with the one located at the southwest of Santa Rosa Blvd exhibiting a higher occupancy rate (69.6%) and a higher average daily rate ($306).The top-performing listings in this area typically feature 2 bedrooms and 2 bathrooms, with 5 out of 8 listings having these exact characteristics.We have analyzed a chart containing the top 100 most common amenities for top-performing listings with 2 bedrooms and 2 bathrooms.The high season extends from March to the end of November, with May and July being the peak months.The average daily rate for a 2-bedroom / 2-bathroom unit in this area throughout the year is $306, with an average daily cleaning fee of $20.Now, assuming we have located in the for-sale market a 2-bedroom / 2-bathroom unit meeting all our criteria, our objective is to run a financial case study to estimate cash-on-cash returns and other relevant parameters.The chart below presents all the inputs for our financial case study:Some observations:We anticipate receiving 40 reviews within a 12-month period, which is a conservative estimate based on our previous analysis.The bookings to review rate has been established at 85%.

Replacing caulk.Better to look for solutions that don't require as much, if you are looking for lower maintenance.