Purchase price: $289,000 Cash invested: $106,000 4 bed 1.5 bath, value adding to this property to a 4 bed 2 full ball and finishing the Attic and basement What made you interested in investing in this type of deal?

Can someone tell me what kind of insurance I need to acquire for my Airbnb property?

I think one of the key things here is that is the lender primarily one focused on conventional/owner-occupied agency loans and just dabbling with investment property loans in a challenging market or a truly 100% focused investment-property lender. 

You can use hard money and start buying properties then refi out of it.

It implies that funds are available to purchase the property.

I have an existing rental property that I am trying to move into an LLC.The mortgage company (Washington Trust) is saying "no" and that I would need to refinance. 

These companies typically handle the construction and sometimes even the property management, which can be a great way to enter new markets without needing to be hands-on.In terms of returns, BTR properties generally offer stable cash flow, especially in areas with strong rental demand.

The tough part about what you are talking about is that rates on a primary home are better than rates on INV properties.  5.75% is a great primary rate (especially right now). 

What neighborhood is the property located in?

Maybe set up the LLC as a property management account and use that to operate your rental business.