Multi-Fam Home Insurance

[Michael Doherty]

I am in the process of acquiring my first MFH. I was wondering what type of insurance I would need? On top of home owners insurance and PMI insurance (going through FHA) do I need to have landlord insurance or require my future tenants to get renters insurance?

Also, I will be living there for the first year or two- so I am unsure if I can get just get away with home owners insurance and then look into landlord insurance once I move out.

I appreciate all suggestions, thanks!