Your insurance is going to be highly variable and I wouldn't use what an agent or the seller tells you as the cost of dwelling policies have increased substantially over the past few years due to rising new construction costs. 

Market AnalysisDemand: Red River Gorge has seen a significant increase in vacation rental demand. 

The shorter the prepayment term has an impact on increasing the rate.4.

The instructor gave a case study where we needed to team up as groups of fours and figure out a way to buy an REO property with no money of our own and increase the equity by 30K.

Not only would the rent cover your heloc costs (eventually) your property value increases giving you the equity you options for additional real estate investments down the road. 

I believe CA market in general is expected to increase by 4-5% but SF is unique. 

With owner financing, depending on terms offered, we can increase that number by 10 - 20%.  

Right now, we’re seeing a slight increase in inventory and some corrections in rents, which could create opportunities—but achieving solid cash flow on a condo can still be challenging.Getting pre-approved is a great first step to narrow down your options and focus on locations that make sense for your goals.

If you need more coverage, you can usually increase the liability amount on your current policy.

It's what I pay my overseas VAs with for my business.They did just increase their fees slightly, but it's still the best option IMO.