How about the increased home insurance cost for a landlord policy?

A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.

Adding your property manager as an additional insured means they will be listed on your insurance policy as a named insured.

What kind of insurance do you use? 

I have home owners insurance should i buy another landlords policy as well?

., We were over a decade without insurance, and when I refinanced and insurance was needed, I had no trouble getting insurance in place.  

I'm selling one of my last rentals today FSBO, self-closing, directly to the renters because my LL insurance didn't renew.

This is not a great return, but not terrible.As others noted, there are other risks, like having the property insured at full replacement or purchase price, or if the option is 100% seller financing with no money down or very little, versus 20% traditional down payment, this can start to move it into a better investment.

@Ana Escudero Property insurance renewals have been challenging the past few years, but there’s some stability with carriers heading into 2025.

Make sure you ask them good questions, make sure they carry insurance and that they are available year round.