You are correct they handle by PM company liability I have prudential personal liability.OK, yeah, and they (Coterie) doesn't offer commercial umbrella insurance (or personal) so I was concerned you might not be covered correctly.You have a personal liability umbrella through Prudential?  

Additionally, what do you look for in a property to increase the value i.e. what are typical items to target?

In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.

My biggest concern is just having boots on the ground in case something goes wrong.   

When getting new tenants I've found the increase to be much more. 

However, because I believe it hurt bookings, I only charge the guests $230 and increased the daily rate to make up the difference, which has worked great. 

@Erica King Sounds like this is more of a personal budgeting concern rather than a real estate one.

My biggest concern is managing additional units and tenants.

The more impactful thing is the rapidly increasing amount of competition in the form of # of Airbnbs in existence.

My motivation is to increase my financial literacy and diversify into real estate.I have rented all my life and seek to become a homeowner/ investor to help my family and make their lives easier.