Many insurance companies do not allow adding a landlord as additional insured.  

Hello My name is Jahniya I’m just getting started in real estate I currently have no properties in my portfolio and was looking to get started in the rental arbitrage space this year. 

Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.

Own and just keep it as a rental longterm/short term rental?

Quote from @Elam Fisher Jr: Anyone have experience with mid term rentals in Baltimore city?  

Adding your property manager as an additional insured means they will be listed on your insurance policy as a named insured.

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.

If you own several rental apartment buildings.

@Blair Ross Jr depends on how much experience you have with investing in rental properties.

I have home owners insurance should i buy another landlords policy as well?