The weekly homework provide guidance and is very helpful.

On a separate note, I see that you're a lender, do you have provide loans for properties in the NC or SC area?

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Operating legally is definitely not a safeguard as I provided data to the city that was sufficient to demonstrate that it had operated legally at least the last 5 years (but it has operated legally 23 years) to get maximum STR lottery entries.Note this quota occurred after the council initially passed a ban on STRs all together and pulled the regulation when it qualified to go to ballot (council must have expected they would lose the ballot initiative why else pull it without having it go to vote). 

Other factors that you should check are:1. does the citizens policy provide better coverage than the separate policies or the reverse2. how does the claims paying ability of citizens compare to the two separate policies3. is either more likely to renew coverage 

anyone would think this deal could work with the limited information I've provided :) ? 

We were blessed to have a laundromat conveniently located down the street and been able to make a deal with the owner.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.

Operator wants to sell to me.Willing to provide Environmental reports and such.Location:At intersection.

This is doable however my time to find, procure, and renovate rentals is very restricted due to my life on active duty.When looking strictly at the numbers a mortgage provides a better CoCR and a better ROE, but stepping back and looking at more plain facts it seems like leaving the house paid off is the best bet, thoughts?