If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.

I have pretty good tenants so I usually get paid so I don't worry too much about it!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Here are a few examples: https://fourpeaks.box.com/s/heitpydgv3s6gtbiudszgtglhzn7gj29Our park size is usually 40 spaces up to about 230 spaces.

You are not paying for their services and won't cost you anything extra anyways. 

They usually have a small upcharge on the work done but it's generally not a profit center for them. 

These usually have the latest amenities.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units. 

You can usually get a lender to go 85% of cost or 70% of the As Completed Value for such a project.