Make sure your name listed on property insurance policy as first mortgagee.

A new study was conducted by Harvard analyzing the impact of decades of housing policies that disincentive affordable housing. 

Once you have all the info the only thing I can provide is doc checks of trades you wish to hire; to insure you are properly protected during and after the job.

Have referral for prop manager but haven't contacted yet.Close expected 1st-2nd week of July.I think my next steps is to contact an insurance company to get my property insured. 

Our policy is no pets, are we required under the Fair Housing Act to rent to him? 

I'm going to call my insurance, but it seems like the tenant should be liable for some of the cost.

If you don't at least break even with all your necessary expenses (insurance, maintenance, management, etc.), you're fooling yourself, like so many others I consult with, that Airbnb can be a fun and great income idea.

Yes, you certainly need insurance, usually a Builders Risk policy.

You can pay points to get lower interest rates with > 20% down no insurance.

.- Get the most expensive insurance policy your carrier offers, since you will be paying the first 12 months upfront.