However, if there is not an emergency or immediate need, then we will do our research on quotes or take our time figuring out how we would do it ourselves and make the time to do it.

I mainly was curious about what legal grounds we have in order to proceed, since the PMA doesn’t specifically state “agent won’t grant criminals unsupervised access to your vacant property”, I figured that was just given!

They wrote me Commercial policies with high limits....only $100 mo roughly, never had a problem.I would just ask the company that handles your current home's insurance....some will do STR insurance, some won't.

That comes to roughly $616 a year in interest to borrow that money from the house.

LOL Anyway, please, PLEASE let me know your theory on how I came up with an extra $58 grand, though, because if it wasn't through this strategy, I'm going to need your help to figure out how to do it again!

Here are the specifics: our current property is worth 360k roughly; we owe 120K on it.

I figured this would be a solid way of getting started. 

with the information provided can someone please give me our cost basis so I can figure total capital gains?

Let me figure out how to connect with you first (still super new with BiggerPockets).I would imagine there is a way for us to direct message?

Figure out ways to offset your living expenses or buy properties that you can add value to and then trade up within 3-4 years.2.