@Megan Bransonhave you been to this neighborhood in person? 

Is person performing test at vendor is qualified and competent?

And then eventually we'd like to get some short term rentals in a few ideal places around the country that we can have occasionally for personal use.Oh, and the student loan debt.

most builders pay a flat fee for MLS access and then hire in house. that's what I would do. 50k for a person to sit at a desk. rent a trailer and stick them there for 12 months or 24 months. take the difference 

But, I am just speculating.I haven't seen this Riviera Apartments deal, but am happy to underwrite it if you DM me details.My take:  Unless I knew them personally, and knew they were superheros, I'd be cautious.

@Megha Sharmawill you go to your chosen market in person? 

(And then I work with 20-something house-hacking clients in Denver and Colorado Springs and marvel at the opportunity they have to start so young.)I personally don't like flipping.

In general I would expect to pay more for an insurance on a business policy rather than a personal policy and am not surprised by the increase. 

Thank you so much for sharing your personal experience.

However, as the owner you still need to spend more than 50% of personal services and more than 750 hours on the real estate business on your own.Alternatively, short-term rentals are generally treated as active business income and therefore are eligible to offset w-2 income.Navigating the Real Estate Professional Rules"When measuring material participation, a married taxpayer is required to count any hours performed by his or her spouse, even if the spouse does not own an interest in the business or if no joint return is filed.32 While this rule is advantageous because it makes it more likely the taxpayer materially participates in the real property trade or business, it is a trap for the unwary in the real estate professional context, as discussed below in Step 3.""