As an extra level of protection You could try and save up a few months of what the potential mortgage will be to give you peace of mind. 

My rental has a lot of extra space outside around the house to consider doing a ADU build and create additional rental income.  

Otherwise, look at side jobs you can do to earn extra money. 

Hopefully, he has the courage to continue on his REI education journey, and keep coming back to this awesome community where others will actually give him advice. sometimes the truth is what is needed.. wholesaling is a dying niche states are outlawing it as we speak.

BiggerPockets is not in a place to verify the truth or falsity of these claims.

After he implemented the RUBS, he actually reduced the rent a bit to enable the user to adjust to the new extra billing.  

They quoted an umbrella policy for $200 extra, which is very reasonable.From my limited understanding of insurance policies, if I have the second-home policy with home sharing endorsement (personal liability $1M) plus an umbrella for $2M, then I should have about the same coverage I get from Proper, even in the unlikely event of an off-premise liability lawsuit. 

(A lot of people talk themselves up above and beyond their actual experience, instead of just being truthful with their standing.) 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Because I wanted that extra money for real estate.