After a year at staring at insurance data daily, AZ insurance rates are only increasing marginally, while most states are damn near doubling.3.

It took about 8months pre Covid-19.How does the insurance work if your not the owner,  a well versed company who has experience in buying non performing loans, and you hold interest in the property everyone knows it can be insured.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

It likely is out of date as to cost as this info is quite old (my guess is 5 years but it could be longer):- Rent Recovery Service: offers flat fee service starting at $20. 3 letters start at $30.

I also assume you have homeowners insurance rather than landlord policy which is invalid if you’re not living there.

Offer aid and housing options if you're able -- don't try to profit. 

Your son is likely paying more than the property is worth, by definition, as the seller would almost certainly prefer a similar offer that was not subject to. 

I agree with Michael, probably need to make 100 offers per 1 accepted to find a good deal. 

They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.

When I asked my agent about options to back out, he didn’t really offer any advice.