Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

Refi the house so they can continue to live in it, they will get the best loans on their primary residence.

Quote from @Dyllon Gibbs: Hi All,Does anyone have experience with rent guarantee insurance and any specific companies?

Insurance market across the country is very tough, especially for older product. 

Unless there is an emergency situation, take a lot of photos and call your insurance agent before doing any repairs.

With inflation driving up day-to-day expenses, saving enough to buy your first home is more of a challenge.

Erin,Were you able to find insurance? 

There are still some docs required (ID, bank statements, copies of leases, copy of insurance, etc.), but it's WAY less document intensive than a conventional loan. 

I would take out a private loan on the paid off property to get the other one squared away

Insurance was really created for catastrophic events (fire, flood, etc) not for small claims.