-Cap Ex budget -$ 200 a monthly What am I missing and am I the only one thinking this deal is a steal? 

So 100% of all the funky claims you could ever come up with are covered, unless they are specifically listed as Exclusions.If the premium is identical, you always go with Special/All Perils

Lets assume for simplicity it exceeds the 1% rule and rents for 1600 a month and your costs are right at 50% so it cash flows $800 per month3) $150k used to put 20% down on 5 houses identical to the one in 2) above. 

He's wasting your time....possibly trying to steal your deal.

Saturday night, I was locked out and was told facebook needs to verify my identity and they requested a picture to be uploaded. 

This is a steal.

If this person is willing to essentially steal and lie they may vandalize or damage the property.

Part of the risk for realtor women is they are meeting strangers of potentially unknown identity.

It is identical to what the electric company uses .

Rather than allow it to keep me down by paying down as a short term revolving debt, my  wife and I are basically considering it "re-buying" the house I bought with my ex wife in 2009 for a collective number that would be a steal today and considering the collective divorce debt as a 'business loss' from my past that I'm paying with the deal I bought the house for.