Your equity will be the appraised value minus the cost to build.

You want to compare the experiences available there so you know where you have to land to be successful in that market as a STR.Furnishing is the main cost that I didn't see and @Bryce Jamison hit several other ones.

Thought is triple+ cash flow with just one insurance, maintenance, and management cost.

My opinion for those that live in a high cost of living market is to continue living / renting in that market and invest in a different market that is affordable and provides both cash-flow and appreciation potential.The reason to stay in the HCOL market is because you will be paid(hopefully) a nice large salary.You can take this salary to then 'easily' invest in other markets.NYC is tenant friendly which can be a con for investors.Furthermore, NYC has appreciated historically.

There are some extended form policies that might cover a future forged deed, but they cost extra and since title fraud (not theft since you can't lose title based on a forged deed) is uncommon, they're not issued frequently.

An overnight the form and the court costs to the court   They will have the Constable/sheriff serve the tenant and a court date will be set.

Is there anything I can do to push this cost on the tenant somewhere or is this something I have to pay?

The real estate website expects Toledo home sales to increase by 14 percent next year, because the lure of low-cost housing has sparked a surge of buyers.Both buyers looking for a place to live and investors planning to renovate and rent find Toledo attractive, according to the real estate website.

Found following information about building permits on City Data: https://www.city-data.com/city/Calera-Alabama.html2022: 125 buildings, average cost: $155,700 2021: 216 buildings, average cost: $156,200 2020: 322 buildings, average cost: $144,500 2019: 213 buildings, average cost: $147,600Regarding Property appreciation: This property was sold last november for 269K and there is a similar property on this street that has been sold for 289k on March 12th that is last month.

Analytical skills and research skills aid greatly in determining costs, value add opportunities, negotiation points.