I do have owner's company address with me I got it from the county department. 

I had a property in Cleveland (Warrensville Heights) for 4 years and yes, I had to pay for the water/sewer (but not snow plow) and it was in my name, as the utility company billed me directly.But, I had that expense factored into the rent, so I was reimbursed when the rent was paid.

I want to understand what benefits it truly brings since seems like my insurance probably would go up after they get transferred.Another reason I'm looking into this is because I've been trying to add my Property Manager as additional insured, but my current company (Citizens) won't do it.Thanks everyone!

Or Another strategy I heard is you get another policy with the name of your LLC/trust as the primary policyholder, identifying the mortgage company as well, then adding the seller as an additional holder. 

So, they prefer shorter and "easy and to the point".Those types of contracts will get a property management company in trouble.

My company is looking at the acquisition of a pool of first position non performing residential mortgage notes in various states.

They are managed by a company that rents by individual rooms.

I like that you're looking to run like a business- so either partner up with a lawn mowing company or if you have a PM - reach out to them for recs.

I also have just started up a STR management company here.

However, I have some concerns about the potential costs involved in mold remediation, especially if it requires tearing up drywall.I'm considering whether I should inform my insurance company to see if they can cover the damage.