That way you wouldn't need an extra policy.

Not only will this lead to you being alerted if the policy lapses, but if their pet bites someone it may protect you from a resulting lawsuit.4) Unathorized Pet- Check your lease and state laws to see if you can terminate the lease over this.

Even if we didn't renew the tenants when the leases were up or if they had their own renter's insurance policies, we felt it was a bit too risky.  

Reason - you can still make $20-$30k on a flip where that same property would be -$100 to $200 / month when taking Rents - PITI.3.

I use strict / flexible cancellation policy.

Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties. 

Each property qualifies on its own economic merits (i.e. rental income covering PITI payments)This is one of the main advantages for DSCR financing, i.e. the ability to scale without any kind of DTI limit imposed by conventional financing.

Also make sure to have owners add you to their property insurance policies, so you have liability protection. 

One thing to add is that when you buy a new build, your PITI will likely not be factoring in the correct state tax number.

Also, can you say more about landlord vs renter’s policy on insurance ?