**Additional Tips**: Any other advice or insights related to landlord insurance that I should keep in mind as I shop for the best policy?

Id get a price from a licensed plumber to fix what is known bad/ faulty, and an additional price to replace all that is a potential problem down the road. 

There are usually some minimum services like painting and house cleaning, but if additional renovation or maintenance is required, that will add to the price.

The plan is to move into the new home, live in it for 2 years, and then repeat the process of purchasing additional properties.Additionally, while we continue to build equity in our current home, we plan to rent it out.

In addition to accepting $40K less than ask, I forgot to mention that I already gave the buyer $5K toward cc.SOL on backups at this time even though we left it on the MLS to show while under contract. 48 DOM. 

You will pay ordinary taxes and also self-employment taxes.

If you aren't able to sell at the price you want, then try to see if it makes sense to refinance and rent it out.Don't hesitate to reach out via DM if you have any additional questions.

Giving them written notice is best practice.I would consider employing an attorney with a lot of real estate experience.

Specifically, a midrange bathroom addition costs about $57,000 on average, with homeowners recouping about 30% of the renovation cost. 

Theres more than a couple strong employers in the area.