@Russon Smith  I called my regular insurance agent (he holds my vehicle and primary home policies) and he was able to get a renovation policy through another carrier to cover me through our rehab.  

You pay regular taxes, including social security, like a job and there are not many tax breaks.2.

Some of the regulars on Bigger Pockets must spend hours a day reading and posting based on the volume they output.

I'm afraid that if I was to get into this deal that I would get denied for the loan on my next property. obviously there are other ways to finance the next deal if need be, but best case scenario I could still use regular financing for the multi-family.

Most carriers will deny a claim on a regular tenant policy if they discover that you're actually running an STR. 

There are a lot of tasks that need to be done on a regular basis if you want to find success.So, one of the biggest questions you should ask yourself whether you ready to become a great landlord.

I was driving by what looked like just a regular house- its for sale by the owner sign was in the yard and it said It was zoned commercial.

So it really depends on what kind of people you want to be dealing with regularly. 

Simple things such as when we pay each month, PM procedures, PM agreement specifics, who their contact is, etc are routine things that most all our investors know that they do not know.  

I love the ultra thick option, but the regular ones are suitable as well.