I’d hope that the inspection fee and markup would cover the costs you are mentioning.He sells all the renters insurance.  

I have a master policy with default coverage for all my renters.

I understand that I need to account for taxes, insurance, and other costs—Should I go with a LML and then do a refi later on?  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.

A good rule of thumb is to have 3-6 months of expenses (mortgage, utilities, insurance, etc.) set aside per property for emergencies.

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

Florida and Gulf Coast insurance should be a concern. 

Rentals boil down to how much do you net after paying principle, interest, taxes, insurance, and a maintenance reserve.  

Tax accountant, banker, realtors, property manager, insurance agent, etc.