@Stanley J Black can help with insurance.

then, there are holding costs while you rehab - servicing the loan, insurance, utilities, the rehab. 

Then have your insurer review your property to mitigate any risks. 

Plus a projected few grand in holding costs for HOA, Insurance, and utilities I am expecting the total cash out of pocket to land around $198k.This property is currently listed for sale for $245k.

I need to buy a home insurance of $154.If I rent this home for 2,200 per month. 

And the second was that it was in a flood zone with the listing agent and seller saying it had never flooded but we were able to get confirmation that it had taken on water at least 3 times in the past year and the insurance agent for the property stated that with the flood insurance the premium would be close to $11,000 annually which meant the list price had to drop from $339,000 to less than $239,000 to make anything work.

Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.  

Now the tenant may have a legitimate personal injury claim and more.3) "Citing Renters Insurance declined coverage"- So, tenant has Renters Insurance?

I just do all my bookings over airbnb, its too risky to go direct as the guests aren't covered by airbnb insurance.

It is important to have a solid team in place: realtor, lender, property manager, insurance broker, contractor etc...Would be happy to connect further!