I’m sure they cover AZ a well.

Or if my landlord homeowners insurance policy will cover this?

Again, 99% of lawsuits are probably settled outside of court and covered by insurance.

I would always factor in PM even if you plan to manage yourself.You can still ask for a copy of the m2m lease to verify rental amount and what might be covered in that.

We many a handful of them for our clients, and the combined rental income covers their expenses.

Also do you have savings on the side to cover lender payment for atleast 6-12 months if you are unable to rent this thing . 

I know, it's a long shot, since typically appraisal contingency only covers a situation where the appraisal is lower than the sale price. 

This approach allowed me to secure the property quickly and provided the flexibility needed to cover the costs of resolving development issues and initiating plans for the duplex construction.

This approach allowed me to secure the property quickly and provided the flexibility needed to cover the costs of resolving development issues and initiating plans for the duplex construction.

That covered not only the liability from my property to me but also the liability from me to the properties.The umbrella insurers want to be insurance of last resort so will have you beef up liability on your rent properties.