These were not specifically related to owning rental properties but the clients' assets (including any owned property) was better protected due to having umbrella coverage.  

I would probably go with a HELOC as you won't have to pay for what you're not using unless you've got a specific property you're going to be buying with that money so you know you won't just take out the loan and sit on it paying interest all the while. 

The committees have never said they'll require a specific form of evidence to show that you've rented the place for at least a couple of nights.

A good PM can refer you to top sales agents in the market, they can tell you what type of rentals are in demand, they can tell you which areas are best for investments, and they can cross-check what the sales agent tells you about specific properties.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

I am bullish on the FHA 203k and home-style renovation loans that allow you to leverage the cost of your renovation as part of your mortgage, which is just an insane deal, in my opinion.Do you have a specific area where you want to purchase?

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!

Do you have specific numbers to share with the forum, particularly with respect to your in-laws house?

Specifics on how to start are all appreciated!

I'm new to real estate investing and looking to connect with local investor.Thank youWhat are specific goals? 

I know our lease agreement specifically states that if a tenant reports a maintenance issue that ends up not being an issue at all it's the tenant's responsibility.