Tenant has 2 Seames cats. I just replace the whole house with laminate floors. I' afraid the cat pee will ruin the floors. Anyone knows if Seames cats are clean? Are they easy to train ?Do they pee out of the litter? ...

You'll need to get a good investor friendly CPA, possibly an LLC, bookkeeper, umbrella insurance coverage, separate bank account for rental. 

I get my coverage from Affinity Group; there are some posts here already with that info, and they have a few staff members who are also BP members.

-It is on my to-do list to look into an LLC for next year but in the meantime I have an umbrella policy for additional liability coverage.

@Hunter McNeill how else are you going to get liability coverage for a personal injury lawsuit from a tenant?

I just got quoted minimum coverage from state farm for a $900,000, is this common?.

This applies to individuals with annual incomes of $500,000 or more (or $750,000 or more for married couples filing jointly).For Medicare Part D (Prescription Drug Coverage):The premium varies by plan, but high-income beneficiaries pay their plan's premium plus an additional $81.00 per month at the highest income level.The minimum monthly amount one will pay for Medicare in 2024 is $174.70.

That’s about what I pay, and Proper is fantastic for STR coverage.

Also, it can depend on the type of coverage you are wanting.

In the scenario I observed, it was the closing attorney getting title insurance where the hard money lender wanted 115% coverage which inflated the cost.