I called my agent and they said I might be able to get liability ( in case this person tries to sue me) but I can’t get coverage for the house until this old owner is out if the house.

I'd just get more general liability coverage. 

I think they should have had their existing customers free as they indicated and charged only new customers.It sometimes fails to auto detect.I think I have had issues when at end of trip it has no coverage. 

Make sure you have coverage for your site work, utilities, and foundations (as needed for modular), plus the modular cost AND modular delivery, placement/crane work, and any finishing AFTER installed. 

IF the title company says they cannot provide title insurance coverage on a property then stay away from that auction.

Looking at insurance for these properties, what is generally considered to be adequate coverage, ie what should be covered and how much would be a reasonable amt.

If you find a great deal on a 4plex where you live in one unit and the other units provide you with total coverage and extra cash flow per month; then you CoC return is essentially infinite (assuming you got your closing costs covered by the seller).

Hello everyone, I am at a loss at guessing the proper about of insurance coverage for my properties.

Below are the details:Ask Price:   $2,595,00025% DP:   $648,750Monthly P&I (30 Year Amor @ 6%):   -$12,897.15Annualized Market Pro Forma NumbersPro forma Rents (24, 2/1 units at $995/month):   $286,560GOI with Vac/Cred at 8%:   -$24,357.60Pro forma Expenses at 30%:   -$85,968.00NOI:   $176,234.40P&I:   -$154,765.80Cash on Cash Return:   $21,468.60Deal MetricsCap Rate:   6.79%Debt Coverage Ratio:   1.14Cash on Cash Return:   3.31%Cost Per Door:   $108,125Adjust Rent/Price Ratio (per door basis):   0.9202%My MFH investing education is still on-going, but it looks like the seller is trying to sell this as a stabilized asset.

Others love them, the more the better and have special programs just for rental properties.Independent agents tend to have more commercial experience and more companies that issue commercial coverage.