I'd consider Florida because I love that they have tackled the squatter issue except I know insurance prices will creep up in the next few years.

If so, I would love to inquire who you're using for your mixed-use insurance?

Umbrella Insurance: Yes, having umbrella insurance is a good idea.

Tenant is obligated to fulfill the terms of the agreement.

Just type "LLC asset protection insurance" in this forum's search box, and you will see dozens of threads on this topic. 

Also, the costs in Florida are high, with expenses for insurance and the hurricane risk adding up.

In California, insurance companies are very tough now.

., laundry facilities, pet fees).Fixed Expenses: Include mortgage payments, property taxes, insurance, and property management fees.Variable Expenses: Include repairs, maintenance, utilities, and any unexpected costs.Capital Expenditures: Set aside a portion for future big-ticket items (e.g., roof replacement, appliance upgrades) as a reserve.3.

Thanks @Max Emory & @Jake BakerI am in the process of test driving Stessa to see if it helps with improving my efficiency on the property management side, including keeping track or insurance, property taxes, maintenance etc.

Your new potential guests are insurance companies for homeowner displacement (flood, fire), buyers looking to move to the area but not sure where they want to be, sellers who want to sell but have nowhere to go, contract workers in the area, adjunct professors on a semester job, etc.