I have an accepted offer on a luxury cabin.  

Additionally, do you all generally use a smaller income criteria if the rent is inclusive of utilities? 

Probably will never be utilities there like electric or water. 

Here in mid-west flyover country, rents are still creeping up and almost all the development has been luxury rentals (mostly by Redwood).

I plan to put a $600 utility cap in the lease.

This home is not a luxury home so the insurance route seems overkill.2) Buy a worry free waiver and add it to the booking rate?

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US.  90% of my clients use the 10% down second home occupancy loan.  

You should treat it as a luxury package rather than regular STR. 

Where did you take into account the landlord paid utilities?