Simply have the tenants sign the new lease AND have them provide you with the additional $100 BEFORE you sign the lease yourself.

If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.

I'm trying my best to prevent mold growth, so I asked tenants for their renters insurance, to which he said, "our renters was with geico and we just switched insurance providers this month and have not got a policy active yet." 

Did you have to jump through so many hoops and provide this level of personal information?

Despite the program's claims of providing exceptional training and support, my experience with Kristin has been far from satisfactory.First and foremost, I find it necessary to address the issue of non-payment.

General investing by the typical investor on Bigger Pockets isn't thinking of or capable of providing directives for massive wealth accumulation.

They aren’t able to get a mortgage themselves so they would provide the money while the mortgage and deed would be in the others name.  

Please provide the pros and cons of this system.

HELOCs are generally provided to properties that are held in the owner's personal name.Are your family members not interested in refinancing the property?

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.