I filed an insurance claim on our landlord insurance and got a remediation team in there immediately to stop the damage.

Quote from @Zachary Engen: I just got 2 airbnb up and going last month and I have a property manager, he also gets MTR insurance bookings.

High property taxes and increases in insurance are very real there as well.

(average of $400/m) $7000 annual expenses roughly- insurance, septic Mgmt, lawn care, etc.

I would also recommend umbrella insurance equal to your net worth.

So, I would make a firm plan for dealing with this.1.

Being out of state, you will want an agent who has good relationships with reliable inspectors, title companies, contractors, property managers, lenders, wholesalers, insurance agents, other RE agents, etc.

Also - you probably wouldn't want to close on the property without insurance as you would also lack protection.What is the reason you can't secure insurance?

Instead of using your personal income, employment history and DTI to qualify, a lender would look at the income or potential income of the property to make sure it cash flows after taxes and insurance are accounted for.

All the others have law firms... and those law firms only have interest in your case if you manage a big apartment complex.I'm just a Mom & Pop Landlord.