Or if you all can share some best practices for new partnerships?

For example, an experienced general contractor who does significant remodels of nicer homes might choose to go into house flipping because their practical experience is directly applicable.

If it is attached to the privately owned property it could be covered very easily and in some cases the coverage would be included in a standard homeowners policy.  

It has a standard 1600 SF 3/2 LTR but it has a 600 SF ADU 1/1 studio that I want to use as an STR.Looking for advice since this will be my first STR. 1. 

Try to get a feel for the stability of the tenant's current situation and recent past.You will probably find a lower standard of care than you might apply to the property.  

His book “Invest in Debt” written over 45 years ago is the standard for understanding real estate note investing. 

Not only is she an asset to out-of-state investors like myself, but she’s also incredibly well-connected with other professionals who share her same high standards of service.

After all, most lenders just use the standard Fannie Mae template...

Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

That's standard with any management company.