I believe Airbnb has coverage for revenue loss, so if tenants stop paying Airbnb should cover the loss (have to check that with Airbnb).

I would say 7/10 times they are cheaper than what the borrower is being quoted else where, many times with superior coverage.   

When the eventual defect arises and they find out they made a huge mistake in declining owners coverage, they raise holy hell.No, what I am talking about is a quick, non committal search to see if the property is worth pursuing.

We are able to offer quotes from Steadily while also considering other carriers that may offer better coverage or rates so you get the best of both worlds. 

Purchase Price: $280,000Down Payment: $75,000 (~27%)Loan: 6.625% interest, 30-year fixedRents: $1,350 per side ($2,700 total, tenants pay utilities)Property Taxes (2023): $4,247/yearInsurance: $2,600/yearProperty Management: 10% of gross rentMaintenance + CapEx: 10% of gross rent (includes reserve for roof replacement in 5 years)Vacancy: 5%Annual Gross Rent: $32,400Total Operating Expenses: ≈ $13,600Net Operating Income (NOI): ≈ $18,800Cap Rate: ≈ 6.7%Annual Debt Service: ≈ $16,000Cash Flow (after all expenses): ≈ $2,800/year ($230/month)Debt Service Coverage Ratio (DSCR): ≈ 1.17Cash-on-Cash Return (Year 1): ≈ 3.7%Notes:Roof expected to need replacement within 5 years (budgeted $10–12K).Tenants pay all utilities,Rents appear market average.Located in a stable B-class neighborhood with consistent rental demand.Population growth slightly negative but a 20 minute drive from Cincinnati.  

I currently live just outside Boston, MA, so out-of-state investing feels like the right path for me.Since I’m just starting out and looking to supplement my W-2 income, I’m focusing on cash-flowing markets and strategies.

Most investors focus on “price,” but smart investors focus on structure.A $10,000 discount looks nice on paper—but the impact on your monthly cash flow, debt service coverage ratio (DSCR), and approval odds can be underwhelming compared to the same amount in seller credits.Here’s why:A $10k price reduction might save you around $60 per month on a standard 30-year fixed loan.A $10k seller credit, used to buy down your rate, could reduce your payment by $140 per month or more.That’s more than double the savings—and it improves your property’s DSCR, which can be the difference between getting approved or not.In a world where every fraction of a percent matters, understanding how to allocate negotiation dollars is a hidden superpower.

Whatever you decide, I’m a licensed insurance agent in NC and can help you look into coverage options for your rentals.

I want to use Bigger Pockets products (or others like it), but it seems they don't provide coverage for PR, which is a shame.

Nevada also offers some of the lowest property taxes nationwide.Sources:Homeowners insurance: National/state averages for $300K dwelling coverage with typical deductible.nerdwallet+1Property tax: State/local government averages and example calculations.makefloridayourhome+3https://www.nerdwallet.com/article/insurance/average-homeowners-insurance-costhttps://www.makefloridayourhome.com/florida/blog/property-tax-in-floridahttps://www.nerdwallet.com/insurance/homeowners/nevada-home-insurancehttps://worldpopulationreview.com/states/nevada/property-taxhttps://smartasset.com/taxes/nevada-property-tax-calculatorhttps://www.hometaxsolutions.com/2025/06/how-property-taxes-are-determined/https://www.nerdwallet.com/insurance/homeowners/florida-home-insurancehttps://www.bankrate.com/insurance/homeowners-insurance/states/https://www.axios.com/2025/08/26/home-insurance-premiums-cost-maphttps://matic.com/cost-of-homeowners-insurance-guide/https://www.moneygeek.com/insurance/homeowners/average-home-insurance-cost-calculator-texas/https://www.greatflorida.com/blog/2025/how-much-is-home-insurance-in-florida/https://www.kiplinger.com/taxes/floridians-vote-to-increase-property-tax-breakhttps://www.moneygeek.com/insurance/homeowners/average-cost-home-insurance-nevada/https://states.aarp.org/texas/texas-homeowners-insurance-rates-risehttps://www.texastribune.org/2025/06/04/texas-legislature-property-tax-cuts-2025/https://www.marketwatch.com/insurance-services/homeowners-insurance/average-home-insurance-cost/https://www.rocketmortgage.com/learn/property-taxes-by-statehttps://www.insurance.com/home-and-renters-insurance/home-insurance-basics/average-homeowners-insurance-rates-by-statehttps://belonghome.com/blog/property-taxes-by-state-2025I hope this helps.