There is still money down required but helps ease costs

Each of the 5 warehouses on this campus will require updates (construction of offices/bathrooms, roof repairs, paint, siding repairs, new penetrations for doors, updates to electrical, insulation, and extension of water and sewer). 

thanks. you will spend more time trying to figure out whether or not its required than actually completing the form. it takes five minutes. 

We also had the option of another type of policy that was even less expensive that would have required us to spend at least 1 night in the house and rent it at least 30 nights each year.

This property will require a pool to fully optimize its earning potential, and I've already factored that into my calculations.

So ultimately we decided to suck it up and not take on the additional equity, which ultimately required us to take more time on completing the needed rehab, however in hindsight it was a good decision, because even just among our own family there's been lots of dispute on what we want for the business plan and personal STR useage....

Look for any clauses about rental caps, short-term rentals, or owner-occupancy requirements.

that isn’t subject to higher down payment requirements or higher interest.

. - Who ever told you that only 30 days notice is required does not know CA law.  

@Mindy Jensen I’m a GC and if you’re buying materials we don’t require payment up front.