You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property. 

I then countered with a couple of options.

Thanks Dave, if any of those were an option Id have done itThis was a miscalculation on my part though which has left me in a last minute crunch.

Please input into your spreadsheets and send me your rates.Interest only options as well if possible.

Once you know what is required, then you can discuss options with tenant as some may prefer a rent credit if they can stay with family or friends while others actually need a place to stay.

In light of these circumstances, I'm seeking advice on the best financing options to address this costly project if insurance coverage falls short.

If you cannot qualify with income or credit, there are other options available with niche lenders and hard money lenders for the situation on an investment property.

I find them annoying and as odd as it may sound, I don't want to give people options.

I sign up for this all in 2019 for this is the first time I’ve logged in.I bought a place in 2018, remodeled and sold in 2022 and chased my dream of 20 years of moving to Jackson Wy however investing here in not an option since I’m not a billionaire sooooo I am planning my next moves and looking to invest.I have roughly $30K (potentially $50K) to invest in a flex and flip as I’m not sure I could do the landlord thing.I have been looking in places I would like to actually live which is eastern Oregon, North central/East Tennessee, Rapid City or Naples-Clearwater Florida areas.Any help or ideas would be awesome!

My goal is to make a well-informed decision that not only helps with my mortgage but also provides quality housing options for locals or students in the area.Thanks in advance for your help!