I have seen some insurance people say you can cover this just as well by getting enough liability coverage...which I also have (for the LLC) and may be  true. 

BRRRR is common in commercial and your existing lender will need more of an appetite for a refinance if they know that they are going to loose the loan.Fannie, Freddie, and some local/regional banks actually have a supplemental loan feature that facilitates a BRRRR...the original loan stays in place and you get a supplemental loan when the property has been re-positioned, rents raised, and stabilized.There are also construction/perm loans where rehab is financed during the IO construction period and then the loan starts amortizing later. 

What is the bare minimum insurance coverages you would recommend during the building of a new home? 

I am a financial independence "enthusiast" if you will and always interested in adding more semi-"passive" incomes streams to supplement my current investment portfolio (mainly index funds at the moment).

Seems it is not in coverage area or cost prohibitive due to milage.

Should I go by replacement cost or by market value to determine the home insurance coverage for a rental property?

Usually what are the conditions for rent loss coverage to kick in? 

What all does this type of insurance/coverage covers ? 

A landlord policy likely doesn't even have coverage for a tenant's personal property. 

My PM just called in and reinforced that the potential tenant  will sue us for discrimination because they already provided us the $1mm renter insurance coverage.