sorry for the formatting...and yes, i round up and am a little on the high side of this (but not too far off) closing costs $9,378 Loan costs loan origination $360 application (high) $250 appraisal (high) $750 lender fees $1,764 Title costs attorney fees $650 chain of title $250 closing fee $1,000 closing protection letter $50 title policy update $125 electronic fee $40 endorsements $175 endorsements (other) $175 title document fees (high) $225 overnight and recording fee $50 lender's title (high) $525 wire fee $50 Taxes & Gov't $815 recording (high) $140 transfer taxes $675 Pre-paids homeowner's insurance (high) $733 pre-paid interest (high) $345 Water Bill (City of Chicago) $372 initial escrow payment homeowner's insurance $122 mortgage insurance $0 property taxes (high) $553

The umbrella policy specifically has no endorsements for "business activities" and the properties are located in New York.

There are many endorsements that are available on the homeowners policy.

Paying waaaay less was just a convenient bonus.I won't be endorsing any companies here, but this 'brokerage', made up of one broker, a  few programmers, and an MLS admin, with 1000's of sold listings, in 7 neighboring states,  it's a sign that things are changing.I'm sure respect is mutual around the table here. 

Money Mustache, Jacob of ERE, most of these guys make hundreds of thousands a year in endorsements and advertising from their blogs.

For tenant screening, we used mysmartmove.com which is endorsed here on Biggerpockets and run by Transunion (Yes, the credit bureau company, so you know its legit).

Thanks for the endorsement @Jake Frey!

Regular insurance coverage covers only if a sinkhole opens beneath my property and the house is basically condemned.I would like added sinkhole coverage in order to get additional sinkhole endorsement I would need to get some sinkhole inspection.

I also don't want to keep working on this to endorse my fear of starting my first project.  

Other companies can have endorsements at no extra cost that extent your polity like a better shingle program...where a company actually pays you to put better shingles on your roof upon damage this is a great program and shows a company that wants the risk (your house) to be as good as possible and basically pays you more for it in the event of a loss....Nationwide has a better shingle program in some areas of the United States.