@Joe Garvin 73% is great...what are the lodging taxes like in your area.My wife and I are doing a mixed use project and building in 3 suites to be used as BnB...my expectation was 30% occupancy...which seems more in alignment with the BnB industry...is the high occupancy normal for you guys? 

I hope to use my spare time to do unpaid work or otherwise to shadow an industry professional.Any advice would be greatly appreciated!

What does landlord insurance cover if you're investing in an apartment building with 100 + units?

However, I'm a little confused as to what type of insurance I'd need?

. , Matthew Nicklin is a good guy with a lot of experience in the industry.

I'd get actual numbers where possible like on taxes, insurance, utilities, yard & snow removal, etc then add 18% if hiring a PM to 'take care of everything.'

Or should we operate as sole proprietors and use liability insurance to protect against lawsuits and have access to conventual loan sources? 

Any recommendations for insurance on a 3 family in Rhode Island ?

I recently purchased a property and purchased landlord insurance.

The one thing I see routinely across "young" investors is they don't have a concrete plan founded on fundamental concepts...there are 1,000 ways to make money in this industry...and a variation of each of those.One piece of advice would be to learn OKR's...build this into the framework of your business...there is a learning curve, but you guys will pick up fast.Best of luck!