It really depends on your market.

Some carriers require limited water damage coverage depending on the age of the property and age of utilities.I would recommend at least 25% (ideally more) when possible and if you're limited to 10% you should make sure you cannot purchase another policy for a similar price.

The level of pain you experience evicting someone really depends on the state you live in.

Depending on the location and properties, consider having a game room.

If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”. 

This information can be overwhelming, but I recommend looking for the following items:Credit Score: Depending on your criteria, you may establish a minimum credit score for your tenants.

We offer 80% cash out depending on the state the property is located.

We have 3 attorneys we use depending on location & situation. 

Cash for keys is a good option but it depends how much they owe.

@Mohit Gupta  depending on number of occupants your regular insurance can cover it, read the policy, ours covers two roomers.