Hey Natalie if you're set on holding onto the property I have a great property manager I use for my STR's that also will cover MTR and LTR's.

To cover renovations, I secured a $60K hard money loan, allowing me to improve the property without a significant initial investment.

Most occupied property insurance policies will cover "vandalism and malicious mischief" but there are different forms of policies so you'll have to ask.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Partner Driven provided 100% of the funding, covering the $160,000 purchase price.

Errors & Omissions (E&O) insurance isn’t legally required but is essential to cover claims of professional negligence.In Maryland, the requirements are similar.

Drive to store / supply house #2 for materials.Shop for and purchase materials at sore / supply house #2.Drive to store / supply house #3 for materials.Shop for and purchase materials at sore / supply house #3.Drive to store / supply house #4 for materials.Shop for and purchase materials at sore / supply house #4.Drive to the property.Do the following repairs at the property.Bathroom 1 : Shower/Tub Caulking | Re-caulk tubBathroom 1 : Toilet bolt caps | Missing bolt capBathroom 1 : Window Covering | Missing miniblindsBedroom 1: closest to the front door : Door/Knob/Lock | Door know needs tightenedNeeds deadbolt installedBedroom 1: closest to the front door : Window Covering | Broken miniblinds needs repacedKitchen 1 : Wall/Ceiling | Pull nails and spackleLiving Room 1 : Wall/Ceiling | Nail and holes in panelingLiving Room 1 : Window Covering | Miniblinds need repairedEntry 1 : Security/Screen Door | Replace Exterior Door ScreenEntry 1 : Wall/Ceiling | Spackle and paintBathroom 1 : Door Stop | Replace door stopBathroom 1 : Light Fixture | Replace bulbBathroom 1 : Shower/Tub Caulking | Re-silicone tubBathroom 1 : Toilet bowl/lid/seat | Replace toilet seatBathroom 1 : Toilet Paper Holder | Replace toilet paper holderBathroom 1 : Tub/Shower | Relay loose shower tilesBedroom 1: closest to the front door : Closet/Door/Track/Shelving | Install Closet RodBedroom 1: closest to the front door : Light Fixture/Fan | Fan light does not work - replace fanBedroom 2: 2nd closest to the front door : Closet/Door/Track/Shelving | Replace closet rodBedroom 2: 2nd closest to the front door : Window Covering | Replace blindsBedroom 3: furthest from the front door : Switch/Outlet | Install smoke/CO detectorBedroom 3: furthest from the front door : Window Covering | Replace blindDining Room 1 : Window Covering | Replace BlindHallway/Stairs 1 : Light Fixture | Replace bulbHallway/Stairs 1 : Other | Replace blindKitchen 1 : Window Covering | Replace other blindLaundry Room 1 : Light Fixture/Fan | Replace bulbLiving Room 1 : Switch/Outlet | Replace OutletsLiving Room 1 : Window Covering | Replace BlindsBasement 1 : Light Fixture/Fan | Replace bulbSystems 1 : Thermostat | Reattach thermostat 1.

I have all the other aspects of hosting covered which I don't mind doing for now. 

Loss of use is foryour additional expenses if you can not live there due to a covered claim (ie.

I'll be moving from California and only making a 50k  salary, but this job will cover housing and utilities.