Basically, they guarantee your principal.  

is med basically its only use case for filling with new tenants? 

A matter of fact that was a huge metric for my me and my wife because we were implementing a house hacking strategy moving property to property with 4 kids.  

It will familiarize you with the basic terminology and benefits.

@Jon Fletcher There are basically two potential options. 1) Amend the tax return in the year of purchase and prove you used capital gains to purchase the property and 2) Sell the property to an OZF, follow the 20% related party rule and then the structure of the sale of the property to be able to reinvest the gains.

I have talk to 4 insurance brokers, and directly to many companies such as allstate, steadily, safeco, liberty, american summit, american family, and a few other, but am basically out of options.

In addition, he also informed me he is not on contract to render me 1099 filing support and basically said I'm not going to help you, good luck on your own.

Basically questions that the PM/co-host need to be able to answer without having to do any deep-dive analysis.Property-specific questions such as property improvement advice, revenue potential, etc. that involve deep-dive analysis might justifiably incur an up-front cost depending on the PM/co-hosts business model.

Are there any books or resources you can recommend to get me started with the basics?

A basic breakdown is this: If you're in Flood Zone AE-9, it means the Base Flood Elevation for that home is determined to be 9 feet.