- Highly recommend REQUIRING tenants to get Renters Insurance and adding you, as the landlord, as additionally insured.

Talk to your attorney, and if you dont have one, get one - as @Ken M. said, this is highly specific to the state and the circumstances.

@Patrick Roberts @Chris Seveney - End all be all these divisions of banks and NMLS know more about me that I I know about me, lol.  

Coupled with persistently high interest rates that may last for years, rising insurance premiums are inevitable, regardless of your property’s condition.

In my experience tenants on the lower end of rent tend to cause more damage than higher price tenants.

While it requires some extra coordination, it keeps their returns clean and operational costs transparent.If the fee feels too high, consider loan servicing software with modular pricing.

While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.  

If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.

However, when you combine the income from both the units, I think you will end up with more income after a year or two than with a SFH renting by the room.  

I’ll say she needs to be out by the end of March.