Quote from @Peter Walther: I think you'll find most, if not all title insurers, will require the DIL to be dated and executed subsequent to default in order to insure. 

Instead, an umbrella insurance policy may be a more cost-effective alternative for now.

It may require different insurance too..

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

Moves risk to be financially covered by insurance hypothetically.

This section asks you to list all properties you currently own and what you owe on them.and includes a full page of boxes to fill in such as Property ValueStatus: Sold, Pending Sale, or RetainedIntended Occupancy: Investment, Primary Residence, Second Home, OtherMonthly Insurance, Taxes,Association Dues, etc. if not included in Monthly Mortgage PaymentFor 2-4 Unit Primary or Investment PropertyMonthly Rental IncomeCreditor Name Account NumberMonthly MortgagePayment Unpaid Balance To be paid off at or before closingType: FHA, VA, Conventional, USDA-RD, OtherCredit Limit (if applicable)It doesn't specifically ask who's name the loan is in.

During the escrow/title process, you are finalizing loan documents, reviewing title documents (HOA disclosures if applicable, title reports, etc), obtaining homeowner's insurance, and preparing to wire your funds to title. 

For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Do you require renters insurance?