Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...

The property will do very well over the long term.

Also the hit rate per property is really low.

My question is around property insurance and specifically what are everyones MUST HAVE COVERAGES. 

You do not need separate checking accounts for each property if the ownership is the same.

This year for 2025 my wife and I have made it a goal to improve our financial literacy to purchase another investment property.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

We put a sign on every property to: attract tenants, create brand awareness, and to help prevent scammers from using our properties as bait. 

Yes this is possible.Go check with your original lender on the first property if you had one.