Insurance-  replacement costs.  

I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.Is this something that is just "known" to flippers/renovators and I am just coming across it?

If you elect to use a VA loan, that typically means you don't plan to put any money down.

@Zara MassoudAdding your property manager as "additional insured" is standard practice and beneficial for you.

It's not an insurance company/carrier. 

Quote from @Mel Rosario: HiDoes anyone know which companies that are willing to insure multiplexes in California, particularly coastal Oceanside, CA? 

.: Hi there, my STR in the Hudson Valley, NY is currently insured with Proper.

In two years I plan to pull equity from my home, rent it out, and purchase another to live in for two years..

Quote from @Jesse Yoder: What insurance works with people doing BRRRRs? 

Your plan to house hack a multifamily property in Indianapolis is a great strategy to start building equity and learning the ropes with manageable risk.