You just get good insurance and possibly and umbrella policy for added liability coverage.

Got it.What we include in the process as well, is "how best to protect yourself from the "due on sale", what happens if the renter stops paying, what if the seller won't vacate, how to get a title report, why to not use a real estate agent, how does this affect my taxes, what makes for a good deal, what exit strategy to use, how do I hold title, what happens when the seller comes back later and demands to be taken off of the loan, how do I hold insurance, what happens when a roof or waterheater need to be repaired or replaced, and on and on.

Hi everyone, I have been searching for a reasonably priced insurance company and Honeycomb offered a very competitive quote. 

In the last 9 months, I formed a 3-person partnership, found a rockstar agent and through him a great lender, insurance provider, and so on.

I don’t currently insure it as the cost was four times my home.

I would anticipate 5-10 years it would cover 100% of debt, property tax and insurance on my primary.

There is always a substantial liability to keep in mind you should get specific insurance, and tons of disclaimers and permission slips. 

Also make sure that you're up to date on the rules for the city state and county as it pertains to rooming houses and factor in higher than average insurance costs as you do your DD.

Mortgage with taxes and insurance would be around $1350/month.

We have a handful of properties in the cape coral area that we're trying to find cheaper insurance coverage for.