Yep, when we sign up for servicing as a company they ask you "what loss mitigation measures does your company allow" We offer loan mods, forbearance, deed in lieu, short sales and short payoffs.

Our company has designed over 100 flips for Real Estate Investors in 12 states, and one of the biggest mistakes that we see our investors (try to) make is always going BOLD with the design!

They must be very low odds because insurance companies are in the business of making money, not paying out maximums.

To the insurance company they will view an STR differently than a LTR.  

Quote from @Elias Halvorson: Aloha Diandre, You will get 100 people responding on here responding they can do it and their company focuses on it.

I’d love to hear about the crime rates or any other issues (which we cannot guess from the online stats), and how easy or hard it is to find reliable tenants and property management companies.

Interview reputable property management companies.

I believe sometimes a bad experience is more reflective of the individual than the company. 

For example, could I use my SDIRA to operate a management company that charges my holding LLCs a management fee?

Sent another tech from a different company to get a 2nd opinion.