Get the easy stuff first - rent roll and lease end dates, any bills the landlord pays - common area maintenance, maybe water, sewer, taxes, and insurance.

It's like accepting a full year or rent in advance as a landlord.

Quote from @Angel Peng: Currently in contract to close on my first duplex but the Landlord insurance cost took me by surprise.

While they do eat into rental margins the larger profit came from the sale and the added rental profit was not worth the hassle of being a landlord.

Would be useful as a landlord when the tenant moves in/out to reference for damage. 

This is my second year being a landlord and the amount of maintenance and repairs for my rental have went up.

I would try to network with other MTR landlords in the area to determine best course of action 

If you decide to sell it after a Padsplit conversion, you can't sell to traditional homebuyers or long-term rental landlords.

Here's a recent book we published for self-managing landlords: https://store.biggerpockets.com/products/self-managing-landl...

If you’re considering turning it into a rental, once the renovation is done, you can switch to a landlord insurance policy that covers both the property and any liability related to tenants.