I've been hosting MTR's now for 5 years and have worked with most guest avatars and my company helps independent hosts make those B2B connections so I'm fairly well versed in the insurance displacement aspect.  

Hire an inspector /independent person to manage the job site for you, someone with your best interest at heart.

And no, the purchaser would not have a viable claim over the incorrect record as all information concerning the subject property must be independently verified.Owner should have accepted the pre-auction offer which turned out to be ~2x the high bid.

You can learn to do this independently or get a rockstar REALTOR to lead the way.

Augustine, FL, managing it independently (not Padsplit).

And also get independent property management quotes.As a realtor/investor myself here in Columbus OH (which has some great cashflow opportunities, by the way), I ALWAYS encourage my clients to visit properties.

But I hear there are independent options if you don’t use a PM.

A broker who can also deliver a reputable management company (themselves or an independent company) willing to take over management at closing is a real plus for any residential rental investment. 

Go for the independent PMs, not just a real estate agent offering property management on the side or one of those cookie-cutter franchises (PMI / RPM). 

If the turnkey company gives us an idea what the property is worth, our verification doesn't go back to the turn-key to question about the value, no we instead turn to third party i.e. independent re searches that verify the value - and same with all other information given to us by turnkey companies, realtors, sellers or whomever your are interreacting with."