Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those. 

I currently don’t have the financial ability to invest additional funds into it.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

I wouldn't suggest you buy a single-family home to live in because the additional cost outweighs the benefits.

These are just some of the additional items that will have a significant impact on carrier's rates, your premiums, and whether we start to see the insurance market soften anytime soon or not.

Please keep pushing and sharing your progress. we are enjoying seeing your success in addition to learning how to pursue and analyze deals in different market sectors before blindly buying and learning the hard way.

As JD said, the tenant must list the landlord as "additional interest" on the policy.

Thanks in advance to everyone who shares their thoughts.Hi Greg, turnkey rentals seem aligned with your current situation and leveraging your wife's additional mortgage capacity would be a smart move.

Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!