With creative pursuits like writing books, music, or making videos, the main investment is time. 

This would mainly protect them against tenant slip & fall lawsuits.Agree with everyone else above that they should not be asking you to provide workman's comp insurance - that is their problem.

The main differentiator for a beginner strategy is how handy you are and how much time you can put into each venture. 

  ( mainly MS Lori since I don't want her in some scuzzy uber )  Well Jano ( our driver) had another client who had a liquidity event and was looking for an agent..

And, I wouldn't consider that to be the main criteria in a search.

@Brandon Plombon its in Southern Maine in Saco.

The main items - need to find local cleaner and backup and good handyman and backup - people you can trust.  

Since this is our first go around at house improvements and landlording, I thought this would be a good forum to pose the question to folks who've been doing this for a while.My main question is... how did/do you approach creating a timeline and budget for making certain updates while you're living inside the unit.

This unit has an electric water heater, so the main concern with water is specifically HOT water.This is out of town for me, in a southern state that's an AC-dominant area.

.- Main beam twisted and loly columns - bones of the house and that worries me- Back wood stairs that lead to backyard from 2nd floor are not properly attached to houseSo far Im bringing (2) more GC to provide estimates for repair of 3 items above and then go back to negotiate with sellers in this crazy sellers market :S.After this intro I wanna ask the community if you have any experience negotiating with issues above?