On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems  = lost the renters and walked from the property.

Contact the zoning department and see if you can get the property rezoned as a duplex.

Yes, you should be honest about how many people may reside in the property.You are buying insurance for the entire property, not just your unit.

A DSCR refinance would close out the second HELOC if it's recorded on the property as it would show up on the title commitment.

Thanks for the replies. 

We looked at the data!

Keep the great content coming!

It's only worth whatnit will appraise for for the value of the houses and land.

If owner occupied, you don't have a choice but to live in it until you meet the required occupancy stipulations in the loan.

What you are trying to cover with the umbrella policy is the 'slip and falls', which can easily be a million dollars or more if you are found liable.