For the insurance, I would suggest you contact your agent but it has not affected my insurance to have pets. 

Expenses: What are the operating expenses, including taxes, insurance, maintenance, and reserves?

Other carriers may have different policies.

The public adjuster will argue with the insurance adjuster and get you the best payout.

Even when the deed is recorded you will be unable to obtain title insurance for at least a year from the date the deed is recorded.

Despite the fact that my decks were up to code when I bought them I have had my insurance company do inspections and make me install lag bolts on many things that are in my opinion fine.

Licensing fees, CE classes, E&O insurance, general business liability insurance, sentrilock/suprakey fees, board association, etcc.

Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

E&O insurance most likely

If the insurance is higher, like in a flood zone, or hurricane zone the net will be lower.