I am in PCB as well, but my CPA won't believe me writing off a trip to Panama City, Panama, for "Real Estate."

One of my HOAs, the master fire/liability policy was +15% this year (likely the max the state approved), the earthquake was +165%, and my personal landlord policy got non-renewed as the carrier left the state. 20+ carriers refused to write a new policy.

Get this in writing 1st.   

Owning a house together is like a long-term business partnership, so make sure you have a clear exit strategy in writing.

These are just very different functions.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

We built out our own portal and accounting database for that functionality because we were not finding good software that could handle a higher volume of receipts AND tie it in with the rental property accounting. 

In that case, I would shop it around to see if any other regular carriers will write the coverage.  

They are easy to get started with an the support has been OK compared to others  I am going to jump in here for few questions.Does it make sense to buy RE in retirement account(401K) as the tax benefit and write off are not similarly applicable as outside of 401K?

write the owner see whats up.90% its not the owner being a slumlord its the area and the type of tenants that will live there are slumlord type tenants.. pretty hard to turn those around .