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.

Is property management the only way to make this work?

The best way to get experience is to do the thing.

Hey KJ, welcome to the BP Forums.Wishing you all the best on your journey.

Now, in terms of tax deductibility, interest paid on the All In One Loan is eligible for deduction the same way it is with all other mortgages.

Lots of companies out that way if you are looking for work.

Alright, now that the house is locked up and the paperwork is out of the way, it’s time to get messy.

As we all know, the standard way BP says to calculate cash flow actually leads investors away form long-term opportunity and leaves a lot of investors on the sidelines because they don't understand IRR and the multi layered dynamics of investing long-term.  

What are some ways I can verify that tenants are protected throughout the entire lease? 

I strongly recommend getting involved with your local REI meetup groups so you can work out your pitch with help from other landlords.I hope this doesn't come off the wrong way without tone or facial expressions behind it.