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

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

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.

That's 5 months of profit gone just because the insurance company wants it done.

Adding to this - any insurance agents here who can take the time to walk me through options rather than just send me a quote then harass me to sign pls message me :) 

I reached out to an insurance broker today and he had indicated that we would need a constructions insurance policy for the renovation phase of the project.

Whether it's Airbnb, VRBO, FF, Zillow, FB, direct booking website, insurance relocation portals, databases from MTR operators who get a lot of insurance/corporate leads, CHBO, etc.The MTR space is still quite young, unlike STR.