Maybe you can call your insurance agent and they could possibly whip up a letter or something.

Instead of evicting them, i was thinking is there some way that I could rent it back to him for very cheap (mainly to cover just the taxes/ insurance) ie 2k a year rather than the going rate of 2k a month for similar properties.

For example college rentals generate some of the highest ROI of properties I come across in New Jersey but it depends on the school and location of property.

Transparency and professionalism are core to how we operate, and we ensure all properties have clear, insurable titles before closing.

I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

You payment is $2,600 plus tax and insurance.

In rental income it break even with selling instead?  

We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.

It also negates the need for insurance - although that isn't our MO. 

Congrats, always strong rental demand there!