Umbrella is super cheap and will do the job.

Modern, nice, and it's NOT cheap. 

I dont see how its possible to do it that cheap.

The monthly fee for renters ins I thought should be optional as renters insurance is so cheap and I already provide hvac filters. 

Resist the temptation of a cheap property/market.It's also going to feel like you are not making any progress in the first year or two.

Like @Jay Hinrichs said, it's just cheap insurance..... my clients that buy my new builds will do sewer scopes as well.. we have not had any bellies but we have had debris and rags etc stuck in them.. better to find them up front than to have a back up in a brand new 750k home LOL..

I buy where people want to live, not where property is cheap due to low demand.  

This is not "cheap" but I also think it might be worth it.

The good thing is you have cushion but still live frugal and cheap so you can throw everything at flipping. 

I huge advantage is that it's easy to start, cheap, and low risk.