If you invite the government into your business, you get the good and the bad.2) In my experience,(and I may get some hate mail for this) the average section 8 resident is harder on the property. 

I understand your concern-policies like the Tenant Opportunity to Purchase Act (TOPA) don’t directly tackle the immediate issue of tenant quality.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

The furniture in the unit is ours, so we are responsible for that.We do get a separate lessee insurance policy on the furniture and such that we've placed in the condo, and we require our sub-lessees to get a policy as well.

As you talk to lenders, make sure you know the following:    1 Rate Lock Policy - If the DSCR lender doesn't rate lock for 45 days, then I'd go elsewhere.

The most cost effective and safe investment you can make to cover your 50K debt and still use the same 20K capital to increase the value of your holdings is invest in short term fx government treasury swaps.

I am having a hard time finding insurance underwriting for the three-family that I am purchasing:https://www.redfin.com/PA/Pittsburgh/7209-Penn-Ave-15208/hom...The only policy I could get a binder on was from Tapco in North Carolina with a $10K deductible for $5500.  

My friend suggested for me to try owner financing then to rent it out or turn it into government assistance housing.

I know often times people on this forum say they are unnecessary and don't always protect against liability and just get a good umbrella policy.  

You are going to blow a lot of money for a false sense of security that a good insurance policy can protect you from and save you thousandsThe LLc is the most overused and money waster used on single family rentals.