When we found the hazard insurance not matching the borrower approved name we put forced place insurance, a human took photos/checked the trash bill/found out who occupied.

One strategy I've found that works well in the past is driving around, finding a property that is clearly a rental (a bit rundown, lawn not taken care of, etc.), then pulling the title for the properties that I find.

I hired a company to complete the renovations and a public adjustor to help with my insurance claim. 

@Zachary JensenIs it only depriciation or also insurance/re tax/mortgage costs?

I want to ideally find an off-market single-family property as my first deal using g this strategy.

@Anthony Warlick at 1.25M at 8%, assuming 75% LTV your payment would be 6879 without taxes and insurance (since that wasn't listed here).

can you use the MTR or STR strategies to boost cashflow?

If my property burns down, the Loss of Use line item on my insurance would cover lost rent.

I don't need to justify my actions, and u better not be so judgemental about different investment strategies 🤷

Plus I get the added bonus of inspections, the bank doing the trash out, title insurance, and I don't have to close within 24 hours.