Diversifying your investments across different states can also help reduce risk and protect your portfolio.

I am also keeping an eye out for just rentals. 

First time home buyers compete with us investors and they are often blue-eyed in terms of how much work a property needs.

For the tenants education and the owners protection, we have a "Septic Addendum" in place that spells out what can be flushed and cannot.

This helps protect the walls, woodwork, and floor covering while moving things in.

When switching over insurance,do I provide the lender with a STR/Landlord policy or do I purchase regular home insurance to send to lender and STR/ Landlord policy for my protection.

If you want to stand out and be eye-catching over all the other competitors your property must be different!

Its just very rare that this happens and this is mainly paranoia getting into peoples brain that they would need some sort of protection because of some high profile cases that have gone around the internet. 

We advertisers would buy banners and email links, sponsor crap and flourish all without the consumer (eye balls) being force fed.   

But once that's done you'll have a much easier time accessing all units for inspections, repairs, etc. and things should move faster.All that said, things don't happen in the blink of an eye.