., why aren’t they offering you a stake in the partnership?

A minimum of $1M in coverage provides added protection in case of major liability claims, though $2M–$5M offers even greater security depending on your situation.

Once you offer a compensation such as this, it could be expected.

While 80% of these deals will most likely be terrible, you should be able to find a couple worth walking or offering up on.

If you don't change the insurance, the new owner of the property would be uninsured altogether.If the loan is in your name, and the the property is owned by an LLC, then that LLC offers no protection as the comingling pierces the corporate veil.

Any contract or suggestion they give seems overpriced, whereas contracts/work I've found seems to be much more reasonable. 

Would love connect with anyone in this industry with this kind of experience, open to collaborating or offering the home for this type of program. 

I would also ask them about cash for keys since I would initially offer the tenant this. 

He is versed in all things REI and was even a guest speaker at the local REI meet-up a month or so ago about all the different options he can offer.

I would suggest weighing in the pros and cons of refinancing right away versus waiting a bit more.