They never purchased renters policy because the LO paperwork was not finalized.

The investment capital was funded based on return at time of final sale. 

Without the supporting data, no one can give you an honest answer.

Finally, my own house (soon to be gifted by my folks) is in a pretty choice location in San Jose and I may move out of it to take a posting internationally.

I estimate that I can get the real estate agent to write up the final contract to a 407,000 for the building and 48,000 for the personal property included with the purchase.  

The fact that we're talking about 2 claims spread among 3 properties (2 rentals and our primary residence) did not matter, it was handled the same as 2 claims against 1 property.Okay, so we contacted some other insurers and finally settled on State Farm.

Hi everyone,My name is Paul Harvey, no joke, and I'm from upstate Washington in the hot pursuit of attaining my dreams.I'm currently halfway around the world and have finally pulled the trigger on buying a house back home with cash only, as an investment.  

I have been a member of BP for 2 years of so. I ready to start investing, I recently started listening to the podcasts again, and looking at the forums.  I am looking to invest in the Mansfield, Arlington area of TX. ...

If viable, could then benefit from a strong lease template, and advice on some special stips I may want to include (for a potential renter I have in mind)...and finally, may want to engage my new mentor (or someone else) as Property Manager.

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