The description says only 5 units occupied. 

There are a number of good meetups in our area, usually listed on BP events page.

If you start a lease 7/1 it usually will affect your July 4th weekend so avoid that start if possible.

Using a 2 year lease will not lengthen a tenants stay and will normally result in them having to brake their lease, usually with no notice, which will increase your turn over costs not reduce them. 

As far as what coverages, I would start with looking up what the State requirements are to license the home.the State will usually have pretty stringent guidelines as to which coverages you have to have and what limits of insurance you need to carry.This makes it pretty easy to compare insurance quotes as the insurance agents and carriers all need to quote  the same minimums.

Usually the first dozen pages tell you all the ways you can lose your money.

Remember with househacking you usually have higher closing costs and reserve requirements so, you need the downpayment, plus reserves plus closing costs

Depending on what you're including I think the number usually quoted is closer to 50% but your mileage may vary.

There's usually a lot of problem properties so do your due diligence before making a deal.

I do realize it's usually a good idea, but would like input.