Hi BiggerPockets Family,I am looking to insure a triplex that I own in Philadelphia which is under my LLC. 

While it uses partner banks to provide banking services, your FDIC-insurance protection may be limited.

What we typically see is a contractor trying to act as a bully as most homeowners are push overs.

Dewald: Some other good zips are 63074, 63042, 63044 - great for long term rentals.There are good areas in south city left as well :-)I see more and more issues with municipalities like Berkeley, Pagedale where they want to narrow down the amount of rentals within a neighborhood and require homeowners to occupy and won't give out occupancy for rentals.Let me know if you've got any questions. 

Insurance placement guests tend to be very last minute, often will want to sign an initial 30-day contract and then the amount of time they will extend is very unpredictable but can sometimes be upwards of 9 months.

. ✨ looking for ideas on to  how to acquire an owner-occupied property  with 5% down by using a mortgage loan product to purchase , improve and  avoid mortgage insurance based on projected value?

The property has had little to no maintenance and it's in a decent neighborhood with mostly homeowners. 

Think lenders, insurance carriers, property management, contractors, etc.

Check into insurance and tax rates in the areas, along with estimated mortgage costs. 

.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).