Required Licenses

Real Estate License: Must complete a state-approved real estate program and pass the licensing exam.
Contractor's License: Required for any construction or renovation work; must meet state-specific training and testing requirements.
Business License: Obtain a general business license from the local municipality to operate legally.

Insurance Requirements

General Liability Insurance: Minimum coverage of $1 million to protect against claims of bodily injury or property damage.
Workers' Compensation Insurance: Mandatory coverage for employees to provide wage replacement and medical benefits in case of work-related injuries.
Property Insurance: Coverage for any damage to the property being serviced, including theft, fire, and natural disasters.

Property Management Certification: Completion of a property management training program covering tenant relations, leasing laws, and property maintenance.
OSHA Safety Training: Certification in Occupational Safety and Health Administration (OSHA) standards to ensure workplace safety during turnover processes.
Lead Paint Certification: Required for properties built before 1978; training focused on safe handling and remediation of lead paint hazards.

Zoning Permit: Verify that the property is zoned for rental operations; application must be submitted to the local zoning board.
Health and Safety Permit: Required for properties that provide accommodations; must pass inspections regarding cleanliness and safety standards.
Fire Department Permit: Obtain a permit from the local fire department confirming that the property complies with fire safety regulations.

Note: Please replace the placeholders with specific details relevant to your location and ensure compliance with local laws and regulations.