Credit score took a hit from medical bills and student loans, working hard to repair and it will be well above 700 by the summer of 2016.

They are "medical equipment".

We are looking at "Rental Dwelling" insurance policies with $500K in liability coverage, $5K in Medical Payments, $4K for contents (even though we won't be living there, the company says that's the minimum).

Recent/current renters include:well established attorney who went through a divorce/medical issues - $850/mo;IT professional, 15 years with same company - divorcing - $900/mo for bedroom at lake estate;IT contract worker with home & family elsewhere - $550/mo - unit was "empty" 2 days from previous renter; This rent is more than previous real estate broker landlord got for entire house!

PROPERTY POLICY ($1,000 deductible)-Buliding:  150k-Rental income including extra expenses: 24k-Liability each occurrence: $1million-Liability General Aggregate: $2million-Personal and Advertising injury: $1million           --(I don't know what this is)-Damages to premises rented: 100k-Medical expenses: 5kI was also quoted a $1million umbrella policy.I was referred to this broker by a trusted source and I plan to shop around, but I need some advice on whether or not this is the amount of coverage to shop around.  

She has not produced any medical bills.She hired an attorney and now there is a law suite, demanding 18K, to make repairs to her condo which now includes the kitchen and laundry rm. floors and doors, which was not affected by the leak.

All good answers, but sometimes it is just they haven't managed or established their credit scores yet, or got hit by an unexpected expense like medical bills, that destroyed their credit.  

Also, because my wife is unable to work because of medical issues I would need a brokerage that is okay with me having another full time job until I can replace the income of my full time job.

Stocks and bonds, medical equipment, food and grocery, pretty much any retail item, cars, clothes, real estate... they all have their middlemen.Investing in real estate, especially wholesaling, has become wildly popular within the last 5 years.

While I didn't quit "working," I am now all in.I recently joined a highly respected Commercial Real Estate Debt & Equity boutique firm where I am brokering commercial real estate loans for Retail, Office, Industrial/Warehouse, NNN, Medical, Mixed Use, Multifamily, Development, etc.I'm so excited to finally be in with both feet.