I bought my home about 60 days ago a 250k FHA loan at 5.0 interest rate but didn't like that i have to pay 171 dlls every month for mortgage insurance.

He insured his family was well taken care of with having a home to start with!

Your payment will simply be too high and your rent will not cover your mortgage payment (PI, AKA debt service) and all of your expenses (vacancy, PM, taxes, insurance, maintenance and repairs, and an allotment for CapEx). 

Thanks to AirBNB for all their help and insurance.”.

Who should file an insurance claim?

Hello,Does anyone have experience in obtaining property insurance on a property where you have acquired the non-performing loan? 

Our insurance company will not insure us if we permit a "dangerous breed" on the property.

You will need to require renters liability insurance as well with the dogs listed yearly, and  a rabies shot each year.

"I will leave the SFHs to my kids"You will need to transition to a PM depending on your health and how long you live.It should be a very nice addition to your kids retirement funds.

have a solid idea of your market ie rents, types of tenants, property taxes, sewage and water rates, insurance rates, cap ex and maintenance expenses, good parts of town vs bad parts of town.