The lower barrier to entry would be excellent for my personally smaller net worth.

Personally I am thinking 1c.

I have arranged for Servpro to take a look at the property in person to give me a quote for this job.

If the home was still your primary residence throughout 2024 and not actively listed for rent, it would typically remain classified as a personal residence until the lease began.

The tenant has two types of coverage: liability and personal property.

If you did not like that experience, maybe you should try a smaller company to get a more personalized service experience.  

Gaining valuable insights into the local market.Always consider that Jackson County has a LOT of variability in KC proper and then uniques submarkets of LS, BS, Independence, Raytown, Grandview, etc all with their own local city governments, rules and regulations, each with their own uniques submarkets of their own...Happy to chat and share my knowledge and experience.2.

I used $80k to pay off personal debts and $50k to remodel it by myself with my two hands.

Recently had a conversation with an MLO who had their license with Company A (NMLS regulated) and then on the side, this person conducted commercial-only business loan-related activity by starting their own LLC (company B) in the states where no mortgage licenses are required.

Unless you revise your plan and ensure that your personal use is under 10% of the rental use.