Cheaper when starting out to get an umbrella policy.

There will be some cosmetic renovations but aim to start renting out the place around late September/ early October.I'm currently putting our pre-screening criteria together and wanted to check with the experts on this forum if what I"m asking for is actually realistic/ reasonable. 

A lady in the building department at the City of Oceanside informed me we would have to sign something with the city attorney's office stating that our ADU would not be used for STR.If you research ADU's in California you will find that they are being pushed so heavily to address the lack of housing in the state so most of the cities are aiming at that intent and are doing a lot of follow-up by checking the STR sites for violators.

In fact in one town some old multi-unit properties being 'sold' at the tax lien auctions are often re-zoned to SFH, no exceptions.We also find that our insurance carrier will not cover a multi zoned SFH as they require legal zoning 'use' to place the policy.

They also include a couple dozen forms for leases, pet policies, applications, etc.Once you have the basic foundation of knowledge, start refining it.

Best of luck.Disclaimer: The views and opinions expressed in this article are those of the author and do notnecessarily reflect the official policy or position of any other people, institutions, organizations, or companies that the author may or may not be associated with in professional or personal capacity unless explicitly stated. 

I recently acquired a commercial policy that covers all my rentals across the different LLC's. 

Then review your termination policy. 

They've had to institute a policy that the Acropolis will now be shut down every time it gets up past 104 degrees -- the risk of people dying up there with no immediate water supplies is too high.

@Anthony GjolajA renters insurance policy gives the tenant their own liability coverage.