Very few non-owner occupied property policies guarantee full replacement cost - they typically provide replacement cost up to the dwelling limit purchased. 

Even if they don't realize how much money you're costing them now, someone will tell them eventually and I don't think your canned wholesaling response is going to do much to repair the damage. 

funding land flippers as a capital partner is my latest thing.. since finding lenders for land is very difficult. continue to fund small developers soft costs for % ownership.and continue to be capital partner for flippers and BRRR folks

I have not looked into this but, if process ramps up, could cut construction costs, time to market and massively increase supply, too. 

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance. 

@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.

Is saving the fee a PM charges worth the potential thousands in cost and headaches?

Most of the industry is blue collar work and some of our tenants have their rent paid by their corporate HQ, our all in cost for a new home there is $250k and we are bringing in $3k a month in rent and have had zero vacancies. 

Anything you do remote will come at a cost of operational inefficiencies and a higher cost of doing business.

With down payments, improvements, commissions, title work, holding costs etc....