If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Every state is different but I'm guessing this is just your PM policy, not anything to do with state law. 

Are there other alternatives that may be better to consider like umbrella policy insurance? 

I have been doing some extensive research around 2 bed, 2 bath condos in those neighborhoods and looking into the building's rental policies in case I ever would like to move back to the northeast.

If you have a vacancy, it affects only a percentage of your PITI payment, not the entire amount.

My AllState landlords policy has an STR rider.

It may be that the FHA itself is revising its own policies which I'm pretty sure it can do without legislation from Congress so long as their policy doesn't conflict with some existing federal law.

I have found that it is possible to get most inherited tenants on board with my policies-- you just have to offer the incentives that get you the behavior that you want.

When adverse conditions present, the ones hurt the worst are the ones with the most debt.Yeah, I hear ya @Brian Burke, but coming from 22 years at the Federal Reserve I can tell you they are always behind and wrong in the timing of policy moves and economic forecasting.

According to the Holton-Wise Property Group FAQ, they don't charge tenants for water due to the city's policy (specifically referring to this thread: https://www.biggerpockets.com/forums/731/topics/741251-how-to-handle-water-bill).I've seen others say they either bill-back the tenants for water or have a clause in their lease which states that renters pay anything above $X and that an eviction can occur for nonpayment.My question is as follows: in both of the above scenarios, the property owner is always accountable for the bill.