I know some people that have property free and clear don't care if they lose it and only carry liabliity insurance to protect against accidents on the property, medical or legal bills, etc.Do I have no other recourse but to carry full coverage?

If the goal is for asset protection then you would want to form a LLC and subsidiaries if you have more properties.

Currently, she has tenants living there for 2.5 years and they have not paid rent since March 2020, protected by the Oregon Eviction Moratorium.

I am guessing you don't have tons of capital, so you aren't really "protecting" anything with and LLC and all of that stuff. 

SCRA protections prevented bank and HOA from foreclosing.

This would protect you from downside, while offering potential upside. 3.

@Heather Hall your title rep or customer service rep can pull all the recorded FHA and VA loans recorded 2020-2021 when rates were under 3% Be super careful with the VA's they are a protected class in 9 out of 10 cases and recent overturn in VA mods indicates those in trouble will end up in court. 

Much less inflation protection.

This will give you the asset protection that you are looking for.1.

When it comes to criminal history, that is not a protected class... yet.