Now, if a life event happened you could move out - such as a new job, or getting married and having plans to have kids and needing more space. 

I asked a title company this same question and they said I could somehow clear the cloud on the title and then buy an insurance for it.

At this point in my life, I need this to be on autopilot.Thanks!

Insurance is $50/mo and the taxes are $60/mo.  

Do these number Monthly Gross Rents $ 4200Monthly Expenses  Vacancy       $ 336 (8%);  (including here since 50% rule includes vacancy as part of expense)  Prop Mgmt   $420 (10% of gross rents)  Insurance     $208 ($2500 yearly; quoted by insurance agent)  Prop Taxes   $680 (2.9%/year of assessed value; actuals; eats up 15% of gross rents)  HOA fees      $330   Maint Reserves:   $420 (10% of gross rents)  Maint/Repairs       $84 (5% of gross rents)Total Expenses : $2478 (59% of gross rents)  NOI:   $1722  Mortgage: $1215 (25% down @ 5% interest)Approx Cash Flow: $507/month (about $125/unit)Cash-on-Cash: 7.2% (Assumes 25% down + 3% closing costs as initial cash requirement)Thanks,Jacob  

I have climbed my way up to a good paying sales gig, but I want more out of life.

I'm not an expert but do have firsthand knowledge about asset protection, insurance agents, contractors, etc.

Apple) who have committed to taking back their products at end of life.

Title companies are in the business of issuing insurance, providing settlement services & acting as an escrowee in certain circumstances. 

Also you bring up a great point, post it in the housing section in sure you will get a response quickly.