Hi, What type of insurance can you get or should you get for residential rental properties?

Most of the properties get bid up. 

Im an out of state starting out investor. 1. on the realtor contract when renting property Is anyone concerned with words used like “otherwise”?

As property managers, we see up close on a daily basis which properties perform best and are the most popular with guests…as well as the ongoing challenges.1.

Quote from @Pete Galyon Galyon Galyon: PREVIOUS AIR BNB PROPERTY   <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). 

I have formed 2 LLCs, each to hold the individual properties.

I don’t know if this is unheard of but my relinquished property listed and was under contract in the same 1st week of July-2024 and sold 25th of July.

I’m a new investor and have begun using the rental property calculator on bigger pockets for my market.I’ve only analyzed about ten properties so far, but I am getting about negative $1000 cash flow per month for most of the properties and negative cash on cash return.  

My STR is covered by a commercial hotel/motel policy from State Farm.  

I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendations of other companies that can help setup this structure for houses outside of WY.Thanks in advance**I am NOT looking for comments on why this is useless, unnecessary etc.