If you're going the umbrella insurance route, make sure it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Keep cancellation policy Strict , otherwise be prepared for last minute cancellations 

It's not always strictly due to being overpriced, though it's good that you are managing your expectations. 

For me having experienced the riots first hand, it was scary for those two nights where the majority of fires happened but once the curfew was strictly enforced it has been quite calm since then.

Schedule the routine pest control as an exterior treatment. 

The one hang-up I see, is the requirement of living in the residence for 1 year before you can move outMy comment was assuming we are talking about strictly investment properties not something you are going to live in.

My lender is strictly residential and was not able to answer this question.Thank you,Steve

The property is not located in Miami Beach (where I know the laws are rather strict), but rather in Silverbluff Estates. 

A) I just bought two 6 unit buildings in a part of Canada with medium strictness for tenanancy, impossible to evict tenants without cause, can’t put rent up without major renovations ( a coat of paint won’t do) and there is a tenant that has been there for 25 years , paying insanely low rent, and he called me asking when he should leave as I just bought the building?

@Jack Luzechy Let's pretend that the local bank is strict with the HELOC requirements and we cannot pull equity yet from this property.