If you're running a large portfolio then you would have policies and procedures.

Initially I had planned to put it into the stock market but given the policies that the new administration is pursuing, I’m not strong on the stock market at the moment.

Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.

In my opinion disclosure is always the best policy in both scenarios. 

Beyond the bedrock issue, soil conditions can be costly if the property has problematic soils such as too much silt, deep topsoil, or extensive wetlands.You'll also want to know what ordinances are going to affect your budget - things like tap fees, tree ordinances, storm water retention policies, etc.Bottom line is that you have to investigate ordinances, off-site conditions, and on-site conditions before you can even begin to budget your development.

Lots of people in higher risk zones are seeing 100%+ or even canceled policies with no option to renew. 

If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.

The PM should be an expert on state law, and they should have policies and procedures in place to handle these situations.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

-Have an extra umbrella policy-Speak with my real estate attorney to make sure I did enough to limit my liability.