What terms do you have on your current rental property? 

I'm curious what everyone is doing.  For those of you that are running a hybrid STR/MTR model, do you have TWO separate listings on Airbnb, one that is STR and another MTR or are you using tools to manage your calenda...

If you did not require your tenant to carry this type of coverage and not name you also on the policy as insured you may be out of luck.  

Hi,I'm doing my first mid-term rental lease.

You picked the wrong kind of property to start in as a 3/3.1 townhouse is not ideal for room hacking and is more residential in nature which is why you should sell it and take the proceeds and deposit money and look for a two-family where you and your brother can live in one side and you can full rent the other side - maybe even as a mid-term rental to 2x the rent.

You still might be able to get the building insured for under $300/month but options will be very limited and coverage reduced for any property with knob & tube wiring. 

My intent is to convert my primary into a long term rental.

The long term goal is to rent out to tenants long term and scale into multiple properties.

Appears to be a well oiled machine in terms of the construction and sale process-cookie cutter 1200 sq ft properties.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.