Please do comment if wrong:If you are not residing in a unit then a homeowner’s insurance will not cover anything.

I don't number my properties (I don't own anything anymore I don't want to keep) but I do keep tabs on my net profit independent of income taxes on each unit because if a unit starts to slip I need to know if it can be salvaged (have I been consistent with rent increases?

I plan to invest into smaller multi-family 2-5 unit turnkey properties.

We have a minimum income requirement to qualify for this unit (4 times monthly rent); based on your email, it appears you meet that qualification.

Converting SpacesConverting unused spaces like garages or basements into living areas, home offices, or rental units (such as an ADU – Accessory Dwelling Unit) can significantly boost the value of a property.11.

Do you want to sell off some of your units?

If the rent payment covers your mortgage and you have a good tenant, why would you get rid of them to take on the expense of unit turnover, because you will have to do one, and the 5% vacancy loss just to increase your rent $150 per month?

I'd like to double my units in the next year and the best, more feasible way to do it is with someone that has done for over 40 years.

I don't think you can purchase a policy for one tenant, but you can create a master policy for all your units.

Sure, they may be able to grow to a very moderate size,  add a few units, or trade up to a larger investment, but as for real scalability: NO.Why?