With investment properties, you can typically borrow up to 75% of the appraised value - significant funds if the $245,000 estimate holds.

I could ask him what today's date is, or what his favorite color is, and that's how he would respond.) 

When they do, they are typically covered by insurance and settled outside of court.The odds of a landlord being sued for a large enough amount that it eats up their insurance, the equity in the investment, and their personal assets is almost non-existent.

Is that typical for insurance placements in that market or is this the high end you would expect for this property? 

When Im getting into mid October to mid November....I typically recommend to my clients to pull the property off the market, and relist around Feb 15th for townhomes and single families, nd possibly as early as Jan 15th for condos.

Typically I’m seeing higher appreciation than cash flow but it can be hard to tap into that equity if rents won’t cover the new cost of the refinance.

Other than that usage, there is little benefit to a typical investor having a RE license....

Typically, all services that PM does will have a charge, as that's the only way they make money.

This typically results in improved cash flow with time.  

Now, I typically only use them to skim stats on reviews and the more basic items.