Long story short, we fell in love with the neighborhood and now we've decided to keep it as our primary residence for at least 5-10 years.  

The extended stays in our town are where all of the crime happens, drugs, prostitution, assault probably worse.

Tenant fell further behind but when confronted, would hand the landlord ( single widowed young mother of 2 young kids) a decent amount of money so the landlord would be sympathetic and allow them to stay.

I moved to the Nashville area (Brentwood) last June from Southeast Missouri and fell in love with Tennessee.

Trim the tree.....Insurance and the law only comes into play if there is some significant damage....like a big branch damaged her roof or the tree fell and crushed her car etc....Trim the tree....... that's normal yard upkeep..... its a pretty basic cost of doing business as a landlord.....So unless there is a ton of damages and you need to start talking insurance claims, be a good neighbor and landlord and trim the tree and move on....

Second I moved cities and fell into it and didn't make any cash flow at all.

Its always seems like as soon as you do phase 1 they find something that makes you jump up to the next phase so just be ready to pay more money.I have done a couple of these and I think they are a huge waste of money, but the lender I used required it.One them they said a liquid substance was on the parking lot and unable to determine what it is so they required more money and then when they returned it ended up being a dried up puddle of water. 10k later to tell me its water.Second one I did was by a railroad track and they made me go the full blown process because they found some coal on the property.  10k later they said it could be coal that fell of a passing railroad car. 

I fell into the business by mistake in the mid 1980,s.

So if someone did come to the house and fell down, you would have coverage.2)  As far as getting sued for screwing up a deal, the only way you can get an Errors and Omissions policy is if you hold a professional designation. 

We had a financial partner, but that fell through.