Ensuring you choose the right roommate is so important.

The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin. 

I’ve seen countless stories of families choosing between groceries and rent, or parents juggling eviction notices while trying to shield their children from the stress.

This benefit allows the owner’s estate or heirs to receive the property at a new, higher basis—reducing capital gains taxes if they choose to sell the property after inheriting it.In short, partial disposition allows tax deductions for retired property components during ownership, while the death step-up basis resets the property’s depreciated value, providing tax relief for heirs.

Even so, most people choose to buy coverage for things even if there's a 99% chance they won't need it.  

The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

We are thinking of adding more in the future depending on the relocation plans.Buying a new property in Seattle will mean a new mortgage for 30 years and very likely incur a high DTI with high monthly payments.

It depends. all you talked about was the property but financing is more about the borrower, their experience, their credit, the cash available etc.

If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

Choose that one and use it.