I wont not have coverage as i cant afford to pay out of pocket to replace a catastrophic event, but im always open to hearing how I could reduce costs.

@Peter Walther: You've handled a lot of these, Do you concur or do you have a different experience than "If the Warranty deed is not recorded then the title has not transferred and the original seller still owns it."

You'll likely want someone that can handle A to Z with marketing, pricing, cleaning, maintanence, decor, websites, reviews etc.

@Will Almand A cost segregation (cost seg) study can accelerate depreciation on your properties, reducing taxable income by reclassifying components (e.g., appliances, HVAC) into shorter-lived categories.

Did they handle everything after purchase? 

I also would like to reduce the audit risk due to large bonus depreciation. 

Quote from @Brian Rocha: I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself.

Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

You might try asking other investors in your area how its handled.

What are your thoughts on the market now, post-covid and with rentals/prices at a significantly reduce price from last year?