Be careful of the managers that also have a sales divsion as they likely just want to run you property at the minimum level until they can convince you to sell. 

I have always been curious about why some investors care if a DSCR loan is reported on your personal credit? 

Be very careful sending anything to Kiavi.   

Hopefully this will help.Proper Insurance: Offers comprehensive coverage specifically tailored for short-term rentals, including replacement cost coverage and robust liability protection.Allstate: Offers HostAdvantage, a home-sharing insurance program designed to supplement existing homeowners policies for short-term rentals.CBIZ: Specializes in vacation rental insurance with wide-ranging coverage, particularly suitable for homes with additional amenities.Foremost Insurance: Known for its comprehensive vacation rental insurance policies, making it a top choice for many property owners.Obie: Stands out for its focus on short-term rentals, offering tailored policies for this specific market.Steadily: Provides vacation rental property insurance that can be customized to fit the unique needs of short-term rental owners.RentalGuardian: Offers specialized short-term rental insurance products, including options for both property and liability coverage.InsuraGuest: Provides technology-driven insurance solutions specifically designed for the hospitality industry, including vacation rentals.

The total cost is not unreasonable, but I am questioning if it's all truly needed.To give you a better idea, he has a few packages available that scale up in price and services:Bronze ($497): Includes LLC formation, a custom operating agreement, and a year of statutory agent service.Silver ($897): Adds the EIN, an LLC operations manual, and some ongoing compliance/task alerts.Gold ($1,397): The most comprehensive package, which includes a revocable living trust to keep our names off public records for privacy/asset protection.The 70+ page estimate came as a surprise, and it makes me question if this is a standard requirement for a new partnership.I'm hoping to get some insight from those of you who have created similar partnerships:1) Is this a normal process?

Hi All - I'm researching whether there is a software available that assists Borrowers with quickly creating comprehensive loan packages for submission to a Lender for financing. 

In practice, a lot of lenders don’t care as long as payments stay current, but it’s a risk you should know about.

Honestly, it would be amazing if there was a tool where you could plug in an address and get all this market intelligence in one place… but I haven’t found anything that comprehensive yet.How do you handle the research side?

Here are a few suggestions to get you started:Books: Some classic reads include "Rich Dad Poor Dad" by Robert Kiyosaki, which offers insights on building wealth through real estate, and "The Millionaire Real Estate Investor" by Gary Keller, which provides a comprehensive guide on investing strategies.Podcasts and YouTube Channels: There are numerous podcasts and channels dedicated to real estate investing.

After that, GDP figures are subject to further revisions through annual updates (usually in July of the following year) and comprehensive revisions (every five years or so), which incorporate more complete source data.