This is better than relying on insurance because it protects your personal assets from liability.

The information contained in this post is not to be relied upon.

Hi Rich,Yes, if you assume you are buying a property all cash and rely completely on appreciation, this makes sense.

People are not simply buying here for speculation and I am also an investor myself and there is tons of data going back half a century or so to rely on when making a purchase. 

There indeed you can rely on county assessment, appraisals, insurance and even on Zillow.

have you seen it in person yet, or just been relying on your agent and PM? 

The information contained in this post is not to be relied upon.

Also, each property profile is different and the analysis for a property local to you may be different than one wherein you rely on a property manager from afar. 

Many of the tax professionals on this forum are not "cheap" but can make a good fee for fixing situations where investors relied on poor advice from cheap advisors.My conclusion is to interview a few and go with a professional that you feel comfortable with no only their fee, but also their personality, their experience, their reputation, and their willingness to not only advise you as you start your journey but provide education and planning for what type of investor you want to be. 

This is better than relying on insurance because it protects your personal assets from liability.