I can guarantee you'll need documentation of lease, and rental insurance before closing on another home.

@Jinglei ShenThe insurance of $1,400 a year seems pretty high in my opinion.

We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).

To expand, @Ben Whittington, Dennis Doss and Anthony Geraci’s firms can prepare a customized set of loan docs for you in any state. 

The insurance would not be valid for two reasons:1) the insured “individual” is no longer the owner2) the insurance was for an owner occupant, not a rentalMost people DO change the insurance to reflect the llc as owner and as a rental.

From what I saw for the most part the big names you typically hear in insurance typically performed well for people. 

Wiey Underwood I answered a similar question in the thread link below and listed several of the cost segregation companies that our customers use (not necessarily partners).https://www.biggerpockets.com/forums/51/topics/1163125-mater...

Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.

Does renters insurance cover something like this?  

I also like to use incidental insurance as an additional layer such as Waivo to cover items.