Hello Adam, The way I draft our contracts in Pennsylvania I include a clause that requires the tenants to carry $10k in personal property and $100k in liability.

Hi Terry, I'm curious who you went with to manage your new property.

Your property manager4.

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?

That said, I pay for electrical and plumbing always, because these cause a danger to myself and the property, and also because they probably require a permit on anything they touch. 

Would living in the same property as my tenants have any downsides?

Purchase price: $160,000 Sale price: $170,000 Contributors: Peter Vekselman Partner Driven and Jamari Sprueil secured this Dover Ct property in Riverdale, GA, for $160,000 and successfully sold it for $170,000 on the same day.

This is mainly used for 5+ unit properties but may be useful for your purpose. https://en.wikipedia.org/wiki/Income_approach

I only have 1 property under my belt and am currently house hacking my SFH. 

@Alec Jacobs you have a good process as far as making them fill out a application before touring the property.