That is the first step, and depending on the state, it may take you 90 days to over a year just to be legal when making loans.All of that said, many, many community owners have their own related or captive finance operations.

The insurance marketplace is regulated at the state level, and most captive agents (Allstate, State Farm, etc.) only get licensed in the state where their office is.  

People like to misuse self insured for uninsured because one sounds better, but self insured means there is an insurance captive (self owned insurance company) somewhere out there, to be fully self-insured. 

Being a captive audience they take advantage of that.It is a challenge to find a MLO that will agree to what you want to do.

There are also a bunch of specialty companies that offer dwelling coverage for "non-standard-" rental homes and those companies can be found by getting a quote from an independant agent rather than a captive like State Farm, AAA, or Nationwide.

OrShould I send a more captivating series of letters that are more structured in nature, letters that hit to the heart of what their issue might be?

I have been researching real estate investment the last few months and have become totally captivated.

That is your only worth while improvement.If you intend to continue to rent to welfariens you have a captive tenant pool.

I’m pointing out a major, growing problem with 401k plans, specifically ridiculous and rising “management fees” for a captive financial product.

Show them pictures of rehabs or what ever you feel would captivate them.