We painted the entire property for $7500, installed stainless steel appliances in the smaller unit from our previous home, landscaped, we installed 3 windows into the smaller unit and installed a fence to separate the back house from the front house.

There's a large pile of renovations that need to take place (foundation lift, roof repair, windows etc...).I see it as a great opportunity to restore it to a functioning rental property, especially given that there is no outstanding mortgage. 

(bath, vanity, flooring, mirror/cabinet, light fixture, vent fan)Rental quality kitchen remodel?

All of the window frames need replacing.2.

My confusion comes in when say there is a fire that either destroys a kitchen or worse the entire house.

I was planning on having landlord insurance but should have some sort of insurance to cover (accidental or intentional) tenant damage (let's say the damage destroys the kitchen and I gotta pay 20K for a new one).

Helical piles, and leaving me convinced by their expertise and inclined to take action on their bid.I didn't ultimately sign off, as I had not budgeted for that much into foundation work, and have since been able to do most of the foundation slab crack demo & repair myself with some local sub-contractor help.The helical piles approach tho: drive a stake down until it hits bedrock and then neumatically "pump up" the foundation until its back to level...seems like the ultimate right approach & solution I need, before I proceed to a future phase of finishing the attic, bumping out shed dormers, and adding +1000sqft w/ +1bdrm, +1ba, & +1 wetbar/kitchennette for an STR unit.That project phase is a few mos out, and will require a structural engineer, as I'll be adding interior structure posts, a major new ridge beam, and 20' of floor-to-ceiling full-light windows & french doors facing the bay. 

It's not uncommon to find strong older homes that have been remodeled in the past twenty or thirty years and have updated electrical, plumbing and windows.

Yes NoAre any windows broken?

The kitchen boasts new quartz countertops and new stainless steel appliances.