See what additional responsibility you can take.then, read set for life to understand and lock down personal finance.then focus on house hacking.

They maintain the first months rent plus and additional $150 fee with 8% of the monthly rent.

In addition to following the SOPS, the SOPs need maintenance.  

It’s less about liability and more about who gets paid if there’s a claim.If the property and mortgage are fully under the LLC — meaning the LLC holds title and pays the note — then yes, ideally the LLC alone should be the named insured, and you can just be listed as a member or additional insured instead.

Quote from @Andy Chen: Hi all, I’d like your advice on how to structure a potential deal.A friend of mine owns a property outright that still has plenty of space for additional development.

Sometimes they make you put a deposit with the bank for additional sanity. 

Does a person who is living in their primary residence and rents out additional bedrooms for long-term use need to have additional homeowner's insurance?

I would charge an additional security deposit. 

It is crucial to research whether the property value will be reassessed upon purchase to avoid underestimating expenses during the underwriting process, as some US states reassess property values when real estate is sold.In addition to reducing expenses, we also explore additional income streams.

You can 'follow' certain locations which means that BP will alert you anytime someone in New Jersey (for example) writes a forum post.In addition to following locations, I'd recommend looking into the house hack strategy.Lastly, set up keyword alerts for any topics that you become interested in.