Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

In order of priority, I would put title company after GC, lender, insurance broker, real estate agent(s), inspectors, and several trades.

I mean, you can, but you won't be in city compliance or insurance compliance if something were to happen to them.

Insurance costs change.

Maybe paying off credit card debt or other debt on your report to reduce the minimum payments, increasing the downpayment, finding a house that doesnt require HOA or flood insurance (if applicable), etc.

Here's why:-Management: One property tax bill, one mortgage, one insurance bill, etc.

The income (rent minus management) should cover the costs (principle, interest, taxes, and insurance) depending on the property's price point. 

Alternatively, there are high-yield online savings accounts like Marcus or others - the difference is that banks have some inherent risk, thus the FDIC insurance. 

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Many find a better route is building a fortress of insurance coverage.