Quote from @Jesse Yoder: What insurance works with people doing BRRRRs? 

And there are people that do that out there.  

I am not going to deep dive here.I usually lose these sorts of deals to people willing to underwrite more aggressively. 

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.

After punching your rental income from tax returns MOST people more or less break even ion a rental.

Tell people your policies, send them via email when they start the screening process, and send them again with your denial.

I've been sending people to a Realtor/property manager in Sacramento.

To me, that can be done in many asset classes, but I think most people associate it (nowadays) with single family residential investing.

People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California Fair Plan. 

But some (Dave Ramsey) people would rather have just a few paid off properties making just a little cash flow.