In the other there was some roof damage but based on what they would cover it didn't make sense to go forward given the deductible.

But I am wondering if my insurance would cover if they accidentally damage or burn part of the house (due to the extra wiring and lights in the garage)?

Nervous about no reserve cash in case of damages/accidents.OR2) Invest out of area, in a more affordable market, where I can afford a 20% down payment and hire agents, contractors, and managers to handle the rehab, leasing, management?

My concern is that if the tenants move out but damage the property, what is the recourse?

(Air conditioners and Refrigerators).  

This property is close to the Air Force base which is a big plus to be close to a population of potential tenants with good, stable income and a steady occupation.

I bought a hurricane damaged home here in Panama City with a low-down, seller financed note and leveraged a partnership for the rehab costs.

How damaged does a property need for a bank to turn down a loan?

Each unit also has central air conditioning, a front porch and a large backyard.

Heads up liberal jurisdictions, this is coming your wayhttps://bethesdamagazine.com/bethesda-beat/late-objection-delays-vote-on-mandatory-air-conditioning/