This money goes back to paying off their following year’s property tax, home insurance, and some of the mortgage." 

East of 157 you are up on the bluffs and no flood insurance is required.Speak Spanish?

Does the insurance for the corresponding property protect my personal assets?

If there isn't a set space for each tenant's dog, make sure you require renters to have insurance-- dogs fight, and vet bills are very expensive, and they will be quick to involve the rich landlord and somehow try and make it your fault.Lastly.... how the dog acts is  99% reflective of  the owner, we have one duplex unit, she has 4 dogs, takes A+ care of them, walks them, lets them out.. 0 damage to the unit.. so it's really all about the owner!  

.), and new appliances. my estimates: 4-5kAll my estimated include parts and labor (certified and insured electrician, plumbers, painters, ... etc)Bed bugs/Pest control cost should also be added, I think.Whole apartment is about 900 square feet. 

PM should be able to simply send you pictures no need to go out unless there is an issue.however travel expesnes are a cost of ownership and in my mind should be a fixed expense just like insurance PM or any other expense.. your not going to these cities for vacation.. right ?

That being said, your insurance number seems a bit high. 

Estimate around 500-600 to put aside for vacancies, insurance, repairs etc.. netting me 1500 month cash flow which puts me exactly at 20% down payment at just under 3 years.Is my thinking logical?

The first as mentioned above -- equity add through the principle portion of the loan payment -- and I am also sending some extra payments to the first position loan as an extra equity insurance policy and pay off my primary residence faster.

FHA is insurance.