No hidden fees: No challenges where you learn about costs via HUD-1 forms such as the lender requesting more insurance liability directly with an insurance agent that was not declared upfront.

I look at this as what is my time worth from tow angles, what is my risk and liability doing it and at what cost?

PM isn't a great place to simply save money- it's a 24/7 job and there's huge liability if you don't know what you are doing.

From a practical standpoint, add an umbrella policy to cover liability in case you get sued just to be safe. 5.

@Kevin Sobilo Well, you can here in Colorado by shifting to transaction broker, but it is not ever recommended from a liability and ethics standpoint. 

The more I am reading and listening, the more concerned I get about liability protections.

Questions on risks/liabilities: 1) Will the appraiser appraise it as a 2/2 2) How will insurance view it?

(I have five rentals).Thanks What Russell said, you can decrease that liability as much as possible on making sure you line out the 593 form. 

Not the cheapest but they have landlord’s insurance and some liability all rolled in. 

No General Contractor wants to do a remodel with the residents still living there....they will charge you more (they probably will not show it, but the prices will be higher because of the huge PITA factor and increased liability)I would wait until you have completely moved out and then just give them the house empty and ready to roll.....But you can get a Scope Of Work going and start getting bids...even plans and permits if you're going that far...