So I'm wondering how this works in practice.Another big question on running these properties with a management group would it be maybe possible to make the properties look better to a lender? 

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Hi all,I have been a solo agent for a few years and recently joined a team with the hopes of learning some new things and try the cold calling aspect. The experience was really bad as I was getting 1-2 year old leads ...

and in response to your question about someone else - also difficult. 

Just got off the phone with another DIY landlord looking to hire a PMC.They really didn't like our response to their question, "How long does it take you to find a tenant?"

Now I question if I will be able to obtain fire insurance.  

. - there is no absolute answer to your question. 

So my question is, if you were in my shoes, where would you start if you had $150 cash with good credit?

If a person has RCV or ACV policy makes a huge difference, than question of what coverage level people had and if they had policy add-on's that cover cost over-runs and all that fun stuff, not to mention contents. 

@Polat Caglayan I already responded to another post of yours.Your question will take a lot to answer correctly, so please DM us to schedule a chat:)Thanks @Jonathan Greene!