There are endorsements that you can add that will cover certain things and depending on the property and situation they can make a big difference. 

It depends on your state and local landlord/tenant laws and what the lease states about guests. 

Depending on what it looks like on the inside.

Whoever is you PM can do this as you instruct.As @Linda Labbe states there are a number of possibilities for how you set yourself up but they are very dependent on your personal situation and what you are trying to achieve.

Depends on your situation as always. 

As far as Zillow Premier agent goes - it partially depends on the available areas and the price, but typically I would say this would not be a tool for new agents.

Depending on your path you'll need a Realtor, contractor, lender, accountant, mentor, etc....

I just think it all depends on what your expectations are.

Here's the quick and dirty: Purchase: $250k (max)Reno: $175-200k (pending deeper inspection of roof and foundation)ARV: $475-480k, per our 203k consultant who is also an appraiserMonthly Rent: $3,950 - $4,000PITI: approx 3,000-3,100Other Expenses: vacancy 5%, Repair/Maintenance/Capex: 6.5k/year (all major repairs done during reno, budgeted low for capex)Cash Flow: approx $150-200/month, depending on interest rates/PITI payment Cash on Cash/ROI: 7% the first year (due to reno) and 9% there-after.

It also depends on the age of the property, a newly built home will be way less to insure than a 1950's property (if they will even insure it.)