You've forgotten to include vacany rate and monthly expenses for the property.

Many investors (including myself) start out with less than perfect credit.

I believe I put about 60k into the rehab which included adding a fifth bedroom to the basement.

One electrician, who had been part of a previous inspection, got back to me and provided an estimate for fixing electrical issues, including addressing the knob and tube wiring. 

In short, the carrier will factor in depreciation at the time of loss which would significantly reduce your payout on a claim.Lastly, and always, review your limits with your agent. 

I think they include cleaning fees also which are a pass through.

But that will be reliant on outside money coming to a somewhat sheltered community that hasn't traditionally catered to affluence or outsiders.Other micro-markets of note: Park City (compare to other national resort towns), Vernal, Cedar City, Tooele, Moab, PriceRural Utah:  There's a lot of it including beautiful areas that could make great STR's, remote work situations, etc.  

The new taxable value will be the fair market value of the home on the date you inherited it, adjusted each year after for the inflation factor, and enrolled as of the lien date following the date you moved out. 

What you might do in this case is estimate the time and cost to get rid of the tenant, should it come to that, and then factor that into your calculations. 

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!