All the various consumer laws exist specifically to stop bad actors from doing stuff like this. 

.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

To be blunt, this loan product can be very time-consuming and nuanced.

I consumed a lot of Pace's content and eventually saw this video with Kevin Choe and Josh Boenzi. 

So I’ve read that unbrella insurance providers require you to use them for car and home. I am a land lord but don’t own my residence.What are my options?

It is DSCR based and no personal tax returns are required to qualify.

It would probably not be really time consuming.

Consumer prices rose 0.5% for the month, surpassing the 0.3% forecast, while year-over-year inflation increased to 3.0%, up from 2.9% in December.

We add roughly 10% to the true cost and that cover consumables. 

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.