Maybe Airbnb it a few times, cover some expenses. 

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.   

My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.My Take on Cash Flow:Cash Flow is a hedge against corrections.

Make sure the property’s rental income will cover these costs.

I'm an authorized reseller for Generali (for our guests that book off-platform) and it's something like $59 for the guest, and you can buy it on their behalf, but I'm not sure that it covers chargebacks.

These funds can cover the down payment and closing costs for your next property.3.

I also like to use incidental insurance as an additional layer such as Waivo to cover items.

Once you evict them and are ready to rehab, you have various loan options to cover the renovations costs and pull out equity.4.

Some of the best BRRRR deals I have seen play out this way:You buy a home cheap enough that when you do a renovation and pull out 75-80% LTV, your rent covers your mortgage and you have returned most of your investmentThis is for A-B class areas. 

That being said, it's very difficult to get rents to even cover PITI payments at 80% loan-to-value in Utah these days.