If that covers the $400 I think you’r ahead.

I did the math and could cover the mortgage solo if needed.

I am using the BRRRR Calculator and was wondering if Homeowners Insurance estimate was included somewhere or if I had to manually enter it somewhere? 

Everyone wants to be a wholesaler these days and trying to convince them to get a license and do it the right way is like trying to take candy from a 5-year-old. 

Candy - Is your current rental in your name or the name of an LLC?

For instance - Easter baskets, Halloween candy, fun craft beers for St Patty’s Day, tons of options for Valentine’s Day, small tree and decor set up for Christmas, etc.  

Drive to store / supply house #2 for materials.Shop for and purchase materials at sore / supply house #2.Drive to store / supply house #3 for materials.Shop for and purchase materials at sore / supply house #3.Drive to store / supply house #4 for materials.Shop for and purchase materials at sore / supply house #4.Drive to the property.Do the following repairs at the property.Bathroom 1 : Shower/Tub Caulking | Re-caulk tubBathroom 1 : Toilet bolt caps | Missing bolt capBathroom 1 : Window Covering | Missing miniblindsBedroom 1: closest to the front door : Door/Knob/Lock | Door know needs tightenedNeeds deadbolt installedBedroom 1: closest to the front door : Window Covering | Broken miniblinds needs repacedKitchen 1 : Wall/Ceiling | Pull nails and spackleLiving Room 1 : Wall/Ceiling | Nail and holes in panelingLiving Room 1 : Window Covering | Miniblinds need repairedEntry 1 : Security/Screen Door | Replace Exterior Door ScreenEntry 1 : Wall/Ceiling | Spackle and paintBathroom 1 : Door Stop | Replace door stopBathroom 1 : Light Fixture | Replace bulbBathroom 1 : Shower/Tub Caulking | Re-silicone tubBathroom 1 : Toilet bowl/lid/seat | Replace toilet seatBathroom 1 : Toilet Paper Holder | Replace toilet paper holderBathroom 1 : Tub/Shower | Relay loose shower tilesBedroom 1: closest to the front door : Closet/Door/Track/Shelving | Install Closet RodBedroom 1: closest to the front door : Light Fixture/Fan | Fan light does not work - replace fanBedroom 2: 2nd closest to the front door : Closet/Door/Track/Shelving | Replace closet rodBedroom 2: 2nd closest to the front door : Window Covering | Replace blindsBedroom 3: furthest from the front door : Switch/Outlet | Install smoke/CO detectorBedroom 3: furthest from the front door : Window Covering | Replace blindDining Room 1 : Window Covering | Replace BlindHallway/Stairs 1 : Light Fixture | Replace bulbHallway/Stairs 1 : Other | Replace blindKitchen 1 : Window Covering | Replace other blindLaundry Room 1 : Light Fixture/Fan | Replace bulbLiving Room 1 : Switch/Outlet | Replace OutletsLiving Room 1 : Window Covering | Replace BlindsBasement 1 : Light Fixture/Fan | Replace bulbSystems 1 : Thermostat | Reattach thermostat 1.

Will that be only for one property, or cover multiple properties like umbrella policy?

If the permanent financing will allow you to recover most of your initial investment and the fair market rent covers the principal, interest taxes, and insurance with cash left over, you have a BRRRR.

I was criticizing Airbnb for not immediately covering the cost.