You will need to provide an explanation of the circumstances surrounding the BK every time you apply for credit, apply for a job, apply for a bank account, etc.Bottom line is if you’re working day labor type jobs for small companies and live on a cash basis it might not affect anything.  

And if you are need of MTR management services, my company, Island Stays Hawaii, provides premier STR and MTR management services.   

Being listed on multiple OTA allows users that use alternate OTAs to see your STR and could provide a higher ADR even if you end up lower ranked of the OTAs.Basically it comes down to having all your eggs in a single basket and is too risky for my liking.i am one of those STR owners that corrects anyone that refers to my STR or STR business as an AirBnB.  

Purchase price: $81,000 Cash invested: $30,000 I acquired this property at an 11% cap rate, which provides strong immediate cash flow.

Quote from @Marc Shin: Should i be providing disposable toothbrushes and extra toothpaste to guests? 

Landlord insurance covers the dwelling/property.Renters insurance has liability coverage which might provide you coverage if your tenant is negligent or liable for an accident/damages, etc.You can/should have your tenant list you as an "Additional Interest" on their policy. 

Please correct me if I'm wrong.You can require them to have insurance, but you cannot require them to purchase from a specific policy provider.

Homeowner insurance provides coverage for owner-occupied property.

Networking through meetups and leveraging online communities like BiggerPockets can provide invaluable support and insights as you take your first steps.Good luck!

Would it be safe to purchase a new fridge, deduct maybe 1/2 of cost to replace  current fridge door from the security deposit, provide receipt with explanation?