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

Once you hit a certain number of loans (check with your state dept of banking and finance or dept of business regulation), they might require you to have a license.

I do not sell my model but I have a friend in the business who offers a much better model than Michael Blanks in my opinion.

Quote from @Joel Oh: Your business must make money day 1.It is so much more difficult to fix the model that is not making money than starting a new business that makes money day 1. 

Only reason I've been doing it is to get 0% business credit card limit increases.  

I certainly don't want to get into the business of being a "bottom feeder" that takes advantage of people, but if there is space in the industry for someone to help people in your situation while making a fair profit, I wouldn't mind learning more and getting involved.If interested, message me.

Negative $700/month doesn't put a dent into our household free cash flow and that allows us to buy properties that appreciate rather than cash flow. 

If it's a QM you won't be able to close in a business entity like a LLC, although in some cases you can transfer into an LLC after closing.

We have always said we will run our business, as much as possible, as if it's 10x the size it currently is.

Me personally I look at my rental as a business everything is paid for by rental.