I require the tenants to obtain their own insurance, but I think they tend to ignore or "glance over" that particular aspect of the lease. 

I would be curious to hear more about the historic rehab aspect of things. 

Are there aspects of your character that can be leveraged, or improved. 

Over the years of investing and practicing in various aspects of real estate I have learned that forming a strong team including, realtors, wholesalers, financiers, investors and property managers, is essential to the success of any real estate enterprise.

I'll preface this with I've been "strategically lucky" in riding the appreciation wave over the past 2 years, but there is opportunity in any market, you just have to know how and where to look, and be patient. 4/2 cabin in Pigeon Forge purchased in May 2020 with 10% down - $38k.

Hey @Aaryan Patel there is a book I highly recommend is the encyclopedia of commercial Real Estate by Terry Painter, that is a great book because it covers all aspects, great theory and you have there for any further doubt that you may have. 

To me, every housing market has deals to wholesale for one aspect of REI or another(for those seeking residual income, to flip, to lease/option). 

Welcome to BP community @Royce Jarrendt  It is a great place to meet new friends and learn about various aspects of real estate and more.

I figure that searching for an ideal vacancy rate is logically a pretty critical aspect for a rental REI, no?

Yes, you are personally liable for personal guarantees, but that does not extend constitute piercing the veil of a corporate entity, at least to loans or leases, that is acceptable practice.Hint:Now that you are a member, you might contact others in the state you may incorporate in, you may find an investor willing to work with you and they may agree to allow you to use their name as a registered agent, there is no liability for such agent except to notify you if the authorities inquire, so a very limited service aspect, so long as you agree to maintain the entity. :)