Is that your tenant's attempt to  document neglect for future litigation? 

Just say that your insurance carrier wants you to do a safety inspection and to provide updated pics of the interior since it's been a few years. 

I run a real estate, mortgage, and insurance brokerage in LA and am always looking to connect with other investment minded individuals.

I noticed a lot post say I need a LOI, Lease and separate Option for the Seller. What is the reason for the Lease and Option?If I am only assigning the Option why do I need a Lease signed between myself and the Seller...

You want both a title search and title insurance.

I brought a cashier's check (I think for 5K) for the down payment and signed all documents right there.

Trying to figure out what I need to do as LL - going to up my insurance,  what clauses should go in the lease?

I'm currently a senior in college and plan on graduating in the Spring with a degree in finance, and am currently still living with my parents and have no major expenses outside of paying for my car insurance and phone bill (Lucky, I know).Given all the experience and knowledge on this site, I was just curious what would be the best way for me to start out?

So we've been trying to find a better, more personal solution.We found a gentleman in Chicago whose run an insurance brokerage since 1991, and he seems to be one of the only local insurance brokers willing to help protect and insure properties that do Airbnb/vacation rentals.

In commercial deals (apartment/storage, etc), Do you require Seller to provide tax return filing for the property as part of your due diligence document?