The ESA letter met all the legal requirements I could find so i accepted them even though my policy was no pets.   

As you already know, Scottsdale is a magnet for people coming to major sports events, including the Phoenix Open and Major League Baseball Spring Training, car lovers coming to Barrett Jackson (and other auctions happening this week) and people coming from Canada and across the U.S. to escape the cold.While there is likely to be some form of local governmental policy change, that shouldn’t scare you away.

Likely your PITI (and PMI) will be around $2,000 so you will be living in the house for about $600.

What I did was get an umbrella policy that covers all my assets.  

@Uriel A Leon TrujilloThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

taxes of $276....mortgage payment (even at 5.75%) = $1050....so your rental income is $2200...your PITI = $1426....which equals a NET profit of $774. 

@Richard Lovering own one in a partnership and one individually and have an umbrella policy to cover liability concerns on top of all other coverage.

I can not renovate both units at the same time and would like to use the money to pay PITI. 

I got long term financing on it at 70% of 190k at 5% for 20 years ($1004 PITI).

There are portfolio loans that  only look at the rents versus the PITI payment.