Owner occupied loans are at lower rates and higher LTV (but you may choose 80% LTV to avoid mortgage insurance).Learn as much as you can in the process.Good luck

Anything left over after paying bills should be transferred to savings.Savings: set aside funds for CAPEX, maintenance, PM, taxes, insurance, or whatever else you planned for.

Hello BP ,Bad credit- pay more on car insurance, may not be qualified for a job, house, apartment or car.

I bought it with 5% down as it was originally owner occupied and it currently has a 4.125% interest rate so all for principal, interest, insurance, taxes, and HOA I pay $1,942.38 per month, which is entirely covered by the rent paid by the tenants.

Should landscapers for my rental properties be insured? 

I’ve built in 8% for vacancy (just in case, though that seems high for the area - lots of long term tenants), 10% for property management (in case I choose to use it), 1% of the value of the property for taxes annually, and insurance rates based on quotes I’ve received.

Escrow is the amount that the lender holds in order to pay for the taxes and insurance on the property.

Or should this fall on tenant 1 or tenant 2's rental/auto insurance? 

Does anyone have an insurance broker to recommend in North Carolina? 

@Mohammad Mahir Khan The first things you should really learn are the costs of owning a rental, do research on property management, property taxes, and insurance as those are all but guaranteed; then branch out from there.