Most look at a Certificate of Insurance and confirm coverage limits but best practices are to (1) become added as additional insured under contractors policy and (2) understand coverage exclusions which are not going to be detailed on an insurance certificate.

Just ensure to complete necessary due diligence - this can include, but is not limited to, title search, property inspection, appraisal and/or survey. 

Cut your losses the first time they miss a payment and start the eviction process.

Is there a limit to how high I can go? 

Being in the Army limits my ability to travel and explore markets firsthand.

If you dont have a great team to work with you can lose your shirt even if the house is next door to where you live... there are lots of great areas but only a limited number of great teams so our final choice has always been team driven... saying that we look for an area where there are lots of opportunities  and rental houses available in good areas using the 2 % rule  we found this in Detroit and Toledo  more then willing to share what we do and what we have learnt over the years

I was left in limbo, accumulating massive losses the entire time.After eviction, things got even better (sarcasm alert).Huge repair bill ( as expected )Of course the 15% fee for managing those repairs.First-month rent for the next lease?

Are you limiting your SFH to Duplex conversions to properties that do not require an architect? 

Legal consequences and potential financial loss that could have been avoided with timely updates.2.

When I went to cancel my membership, RentRedi gives you a large box in which you can describe to them why you decided to cancel, and there was a SHORT and hidden character limit!