Calvin Strain Around 10k/mo for solo so around 60-90k. if I expose money, then the same amount, whichever is higher vs 10k.

If Resident should move from the premises prior to the expiration of this time period, he shall be liable for all rent due until such time that the apartment is occupied by an Owner approved paying Resident and/or expiration of said time period, whichever period is shorter. 

I'm not an insurance professional but I am a real estate investor/manager; which ever route you decide I would just highlight that you are getting insurance for a reason and it defeats the point to have 'coverage' that will not cover you when you most need it or go with a company that is not stable to support your claim should you ever have one - Me personally, I'd rather pay a bit more for absolute coverage that to pay cheaper premiums and one day turn for help from my company only to realize that they won't.... but the premium was cheap.

That sets a floor or 1.5% or the annual CPI of my area- whichever is higher plus any increase in property taxes.

They will count the current or projected appraised rents, whichever is less.

That means you notify the tenant - in writing - that they are responsible for the full term of the lease or until a replacement tenant takes over, whichever occurs first.

A great place to start is https://www.biggerpockets.com/meet which you can use to find like-minded people in whichever area you may be interested in.You'll find some helpful tips at https://www.biggerpockets.com/starthere.For tips on how to get the most out of BiggerPockets, check out: https://www.biggerpockets.com/rei/biggerpockets-com-tutorial/The BiggerPockets Keyword Alert System is an awesome tool: https://www.biggerpockets.com/renewsblog/2012/12/19/keyword-alert-system/See you on future threads!

Generally it is 80% of purchase price or value which ever is lowest.

Do you advise having my real estate agent verbally make these to the seller and then we put whichever in writing they prefer?  

Whichever case the best time to start is the present.