The legal on that alone will be huge (more than the house is worth probably).What some people do is they will self insure up to a value.

If you're not going to actually use your license to become a real estate professional, I think there's little value.

It's a strategy where you buy a property below market value, renovate it to increase its value, rent it out for cash flow, refinance to pull out your initial investment, and then repeat the process with another property.

How did you add value to the deal?

Ideally you want to be all in (purchase + renovation budget) for less than 80% of the after renovated value of the property.

This post explores the growing mindset of aligning investments with personal values and sustainability goals to drive positive change while generating returns.

Does the guideline for a monthly rent between 0.8% and 1.1% of the property's value include power, water, gas etc.?

My agent over valued and listed high.

Though I have not went through with either yet, I do see value in it and all the professional hosts speak very highly to its benefit in standing out... which is everything in STR.

I would rather have 4 Class A properties than 20 Class C properties (20 roofs to replace, HVAC, more tenant issues, property management fees, AC unit stolen, etc).Wealth from real estate is built on appreciation and equity - look at all the multi-millionaires in coastal California whose property values have gone up dramatically over the years and our property taxes increase 2% a year from the base value (Proposition 13) compared to other states whose taxes go up a lot.