Less in taxes and usually requires an HO6 policy instead of a full HOI hazzard coverage on an SFR which can cost 10X more per annual.You may also want to consider buying a duplex, or 3-4 family and if you do not own a primary you can go FHA and put only 3.5% down and occupy a unit for a year or less if you buy another home or move out to a bigger space.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

Range 6.5 to 7.75 30 years depending on your credit score and the debt service coverage ratio.In choosing between the bank and a funding company you need to consider the following.

With your concern, you should first look at the "insurance summary" which will tell you what liability and other coverage the association has, in the event of an incident.

The coverage needs to be in the LLC name because the LLC would be the owner on the Title.I would also suggest reviewing the things you will need to do (sepparate bank accounts, etc.) to keep the protection of the LLC.  

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

That is why the debt service coverage ratio option exists.

And to protect your investments, having an up-to-date appraisal and insurance coverage offers added protection and peace of mind."

It's pretty comprehensive with everything you need to know about STR, which could be helpful if you're looking to buy on a lake here in ME. 

Illustration: 4 X 1,250 = $5,000 * 75% = 4,000 / month - 1 unit for you to live there = $3,000 in debt coverage.