I haven't filed a claim all these years but insurance is for the what-if and to be used for the high-ticker items, but chances of damages exceeding the 5% is low.  

I’d love to take advantage of a “traditional” mortgage (or even FHA?)

Then we review the submitted file items and come back with questions or ask for additional documents it is a normal process.

You need to carry a special type of health insurance, not the traditional kind.

Make sure that your spouse changes some of the items.

If you are self employed with no full time employees then you should consider a Solo 401k for your traditional funds and no UBIT on leveraged real estate. 

The seller is open to seller financing, which presents an incredible opportunity to grow without traditional bank financing.

At the end i will add a list of items why adding a single ADU in single family zoned areas may not be the best RE option.The most common value add is via a rehab.  

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.

It can potentially be deductible as an ordinary or rental expense, an itemized deduction or simply non-deductible.