For example, we have a minimum rent we're aiming for when we manage other properties because it's not worth it for us to manage a small property.The ideal client is someone who truly wants to be hands off and hire an expert to manage their MTR.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

I highly recommend finding a broker and have them find a policy that meets your specific requirements.

I think Landlords are better off using strong policies, knowing the law, acting quickly and professionally.

I am not privy to the details of that from their perspective, but I would hesitate to assume the policies are the same; I don't believe they are.

What should I be aiming for?

Cities and states have enforced this policy for well over 50 years and it always stood up in court.

I’m still learning the ropes of property management, so I really appreciate the opportunity to exchange ideas.At our property, we have a structured screening policy influenced by the Federal Fair Housing Act since our location falls under its scope.

There's also the fact that during Covid, Airbnb, going against hosts' cancellation policies, cancelled bookings and refunded any guest who said they had Covid, or their grandmother had Covid so they'd been exposed, or any other ridiculous excuse. 

Our main carrier policy converts to vacant dwelling policy at completion for duration of term and can be renewed on case by case basis if unfinished or unsold.