Ideally a low maintenance property as at this point in my life (two wonderful young girls, a day job, and an active composer/arranger of music) I don't have a lot of time but I do set aside focused time to build my real estate portfolio.  

A lot of people have shifted to multi-generational living arrangements to fight record high rent prices. 2 (or more) families sharing a home, kids moving back in with parents, etc.  

So my question was trying to find out if there was a clever way to arrange the insurance so my premiums would reflect owning the entire duplex but only living in half.Did I articulate it better?

(there are more, I intentionally left out the rest, which are mostly related to sales)However it also states:(a)  Subdivision (b) of Section 10131 does not apply to (1) the manager of a hotel, motel, auto and trailer park, to the resident manager of an apartment building, apartment complex, or court, or to the employees of that manager, or (2) any person or entity, including a person employed by a real estate broker, who, on behalf of another or others, solicits or arranges, or accepts reservations or money, or both, for transient occupancies described in paragraphs (1) and (2) of subdivision (b) of Section 1940 of the Civil Code , in a dwelling unit in a common interest development, as defined in Section 4100 of the Civil Code , in a dwelling unit in an apartment building or complex, or in a single-family home, or (3) any person other than the resident manager or employees of that manager, performing the following functions, who is the employee of the property management firm retained to manage a residential apartment building or complex or court and who is performing under the supervision and control of a broker of record who is an employee of that property management firm or a salesperson licensed to the broker who meets certain minimum requirements as specified in a regulation issued by the commissioner:(A) Showing rental units and common areas to prospective tenants.

I would encourage you to keep saving until you have more, or find an arrangement where a partner brings the money and you do a lot of the work (like finding the deals, handling rehabs or managing the property).

I would not recommend paying a mentor for an all-inclusive arrangement.

You should end up something like Mike's arrangement, a separate policy for each property and an umbrella liability policy.

So be sure you feel secure with the new arrangement.

If I want additional marketing for specific vacant units, how would we arrange that?

Kira, the 50/50 arrangement is a normal deal.