Take this with a grain of salt, realize that you have to be sensitive to the other person, and they’re interests.

I decided to keep the previous home and rent it out; I have held rental property/landlord insurance of $80/mo on this previous primary residence, but I see that my Escrow account still pays $80/mo in homeowners insurance.I am trying to navigate this with some sensitivity, but wonder if I can cancel my HOI within the escrow account since I am paying rental insurance with a 3rd party.  

Helps cut the teeth with property management without you having to deal with college kids, and it being a distance away so that way you can vet out future PM's

Review the Fair Credit Reporting act to know how to handle sensitive information you will be obtaining, and how to respond when you deny an applicant.

Refresh/update as needed, properly screen and place a quality tenant using a rental agreement that has some teeth and covers all of the areas of concern.

I really want to get into this house not only for the extra $125/month but also thought it would be a good little turn key 2bd to cut my teeth.

Furthermore, if your unit's plumbing is such that it is sensitive to how much toilet paper is used, then it is on you to inform your tenant of this.

Reverse exchanges including reverse construction and improvement exchanges are complicated and pricey and very time sensitive.

Ultimately, the reason is trades for lower multiples is the sensitivity to revenue variance.

I realize this can be sensitive to discuss in a public forum but you can also private message me at 9529492473.