Originally posted by @George Henry:My sister who is a real estate agent in Arizona told me that I need to have a property manager by law if I own more than one property in Arizona.

Its hard to put all of the advice into 1 post but people usually will be happy to share with you 1:1 (including me!)

Your posts gave me some ideas I didn't think about.

Hello everyone,This is my second post to this community.

Splitting a single parcel post construction may also prove a challenge depending on zoning. 

If you have multiple properties your rates may be increased or you may be dropped because of the claim or you may not be able to get a new policy from that carrier for many years.I can't stress enough how much of a mess the insurance market is... think about it this way.Imagine 95% of the primary home mortgages in the US were unprofitable for the banks that issued the loans - how easy would it be to get a new loan?

Solid post! 

These are all initial impression assumptions that I will explore more in another post. 

That's why I stress the importance of building a relationship first.

Originally posted by @Phoebe Hodges-Carter:I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is responsible for causing the damage with say a fire or unreported leak, etc.