Often times the information is insufficient to really get good at it or protect yourself from the things that you don't know and thing that can get you into a lot of financial or legal trouble. 

If so the carrier has the right to deny any/all claims you make or if they want to be nice they will settle the claim and retro charge you the premium you would have owed having the proper policy in place when you started renting it out.Talk to a legit local agent and tell them what is going on and get them to run down all the exposures you have and what you could do to best protect yourself for the best possible premium.

(Don't quote me on this as I am not pulling it from the Bylaws) however; that means my job is not only to put on these meetings, but to also protect the membership and others from the predators that come to the meetings looking for gullible investors. 

Quote from @Josh Ball: Quote from @Jonathan Greene: Smokers aren't a protected class, but they could argue that whatever the underlying "medical" issue for the card could be part of one.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Typically a new roof only makes sense to protect the asset.

She works part time because it's a good balance of her interests, and protection for the family.

You do not need to have it under an LLC to take depreciation, the LLC's purpose is to protect your personal assets should you get sued.  

And as I explained earlier, your investment is protected by real property, so your risk is extremely low. 

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.