Invest in comfortable furnishings and amenities, and add small extras that can make a big difference—like coffee pods or local snacks.

If I may, a lot of the issues we are running into with insurance is that consumers no longer use insurance as a catastrophic fall back but rather, they nickel and dime on small claims that compund into larger issues. 

If you don't have the relationships, hire someone who does.This is why Brian Burke can go “large corporate” while I have to stay “small private”; he has the ability to MANAGE PEOPLE that I do not.  

Of course, at the end, he plugs a masterclass with more specialized small group training for $3000 (money-back guarantee if not satisfied).

Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health) and choose the one that is most “stable” with the best potential for long term tenancy.This advice is contrary to maximization of rental income, but IMO will reduce expenses of tenant turnover, property damage, property management fees so much that the difference in bottom line income will be quite small.  

Everything you need for asset management on small or medium portfolios without much frill.

It's wise to stick your toe in the water first and fail fast in a small way if you're going to fail, right Vanessa?

I'm planning on buying a LTR at the moment, likely small multifamily. markets are hard too.

I rent to one couple or small family for the full rental period - no less than 2 months and no more than 3 months.

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.