Frustratingly enough, tenants are not necessarily required to give notice in the same way as landlords in the suburbs where we manage.

.—(1) The commission may deny an application for licensure, registration, or permit, or renewal thereof; may place a licensee, registrant, or permittee on probation; may suspend a license, registration, or permit for a period not exceeding 10 years; may revoke a license, registration, or permit; may impose an administrative fine not to exceed $5,000 for each count or separate offense; and may issue a reprimand, and any or all of the foregoing, if it finds that the licensee, registrant, permittee, or applicant:(h) Has shared a commission with, or paid a fee or other compensation to, a person not properly licensed as a broker, broker associate, or sales associate under the laws of this state, for the referral of real estate business, clients, prospects, or customers, or for any one or more of the services set forth in s. 475.01(1)(a).

I had the absolute worst PM ever, so now I am managing on my own.

TC is not just about knowing what to do and the forms and the management of a transaction, but how each brokerage wants it done.

If you provide the proper usage for the property at the time of application there shouldn't be that sort of exclusion.Overall your point about making sure you have appropriate rather than "cheap" coverage is one I agree with wholeheartedly. 

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

Lubbock investors - I wanted to see if there were any investors out there with recommendations for a good, investor friendly general contractor and property manager?

-I believe that I will need to self-manage the property through something like Airbnb/vacasa/vrbo in order to meet the “Material Participation” threshold?

Asked and answered.By the way, pro tip: “Umbrella insurance protects you better than an LLC”, in my opinion and is easier to manage.

I'm looking for some solid recommendations on project managers (not property managers) in Indianapolis.