I was in a business development role in corporate America for +23 years before getting into REI.

That the operator name you as an additional insured and that their Insurance company agrees to give you 30 day notice of cancelation or non-renewal2. the Operators Insurance company agrees that their policy is "Primary & Non-Contributory" and that they waive Subrogation against you.The Agent can also help with what you should be requiring of the operator for Limits of Liability and coverage (Liability, Professional Liability, Workers Comp, employment practices, Cyber Liability, Auto, etc...)Bring those suggestions to the Attorney drafting your Lease agreement with the operator and have them incorporate them or versions the attorney suggests into the contract. 

Stylistically the addition will be built in a way that incorporates well with the existing house. 

My wife and I are partnering with a friend to invest in long term rentals in Texas - El Paso and Corpus Christi have caught our eye as attractive markets.Our priorities are to find a realtor that can help us in one of these markets and an attorney to assist us with incorporating.

One solution is to incorporate into your lease/move-in packet a schedule of typical standard fees that tenants are charged for typical repair/cleaning items.

However, when searching for yield-play or value-add investment opportunities, the current property manager may be offering low rent rates with the understanding that comparable assets elsewhere provide superior amenities, more up-to-date interiors, or are in a better location.As the real estate syndicator, it's our task to develop a strategy for any potential transaction that incorporates gradual and constant rental rises over the next few years until we reach market value rent rates.

@Da Shiek WoodardOption 4I have worked for several billionaires and other people with a ton of money and none of them have ever gone Wisconsin they always incorporate in their state where they are located.

Thank you for taking the time to answer and for the graphic!

But, most importantly check with investors in your area to see what else you need to incorporate.  

You must read the By-Laws or Articles of Incorporation of the specific Association.