In addition to what others are saying here, I'd just advise that you don't leave your property with the PM and never look back.

in addition, some prohibit rentals or have rental quotas, most of which are already reached and effectively are prohibitions. 

I appreciate any additional input Chris! 

****Just to clarify, I'm talking 2 or 3 years down the road after I have successfully completed 5 or 6 flips and have the additional income and experience to show for it.

FSU, NCDOT & CCS are investing an additional $130 Million into the areas around Murchison as well. 

Personal Property: $30,000                    Personal Liability: $300,000                    Replacement Cost: Included                    Medical Payments: $1000                    Loss of Use: $6,000                    Property Damage to Others: $500                    Mold Property Damage: $10000                   Mold Liability: $50000                  Tenant Pet Damage: $500                  Additional Interest: Myself (the landlord)2) With above coverage added to renter insurance, do I make it mandatory for the tenant to have a separate pet liability insurance?

When you graduate, continue renting it and move on to a house hack.I am 100% against "Low or No Money Down" philosophy unless you are an advanced investor that can take the additional risk.

In addition to many insurance providers pulling out of the state of Florida, we heard of big insurance issues in coastal cities in South Carolina, Georgia, etc.

Quote from @Zachary Jensen: Quote from @AnnMarie Bacchus: Quote from @Zachary Jensen: Hey @AnnMarie Bacchus, In addition to all of these amazing answers, I would also keep in mind pricing going in.

They can add it to their rent with each bill.