Hand it to them or post it on the door - it matters not per law.

I usually try to get opinions from two attorneys for State foreclosure laws and two realtors for CMA’s to ensure the investment has a reliable collateral on it to cover the investment with good returns.

Are you doing buy and hold investments or strictly flipping for resale?

Do you want to be strictly in real estate or do you want to invest in other industries as well?

Insurance is confusing as there are so many variables and decisions contingent on an investors risk tolerance, portfolio and market location.I urge anyone to ask their agent how their policy will reach to some of these claim examples because all policies are not uniform in coverage and all state insurance laws are not the same.Based on all of the above comments, keep these items in mind;- Some insurance policies will have a Coinsurance clause, which will penalize you for insuring for less than the Replacement Cost. 

Some states also have strict limits on Wells and then you have to have a certain psi per connection. 

From my understanding, more than most other markets.Having a property manager who not only knows the regulations and implementing them, but keeps up with the latest laws would be beneficial.  

You're in a very tenant-friendly state, so read your landlord-tenant laws and follow them carefully. 

I suggested to her that we buy a home for her father (my father-in-law), have he and I do the rehab, and he’ll live in it after rehab, we should be able to get a small amount of cash flow once done.

If your investment horizon is short, be sure verify that your state's homestead laws and bankruptcy rules won't allow this co-owner to exempt this home from debt collection.