I want to understand what benefits it truly brings since seems like my insurance probably would go up after they get transferred.Another reason I'm looking into this is because I've been trying to add my Property Manager as additional insured, but my current company (Citizens) won't do it.Thanks everyone!

Or Another strategy I heard is you get another policy with the name of your LLC/trust as the primary policyholder, identifying the mortgage company as well, then adding the seller as an additional holder. 

So, they prefer shorter and "easy and to the point".Those types of contracts will get a property management company in trouble.

My company is looking at the acquisition of a pool of first position non performing residential mortgage notes in various states.

Many of the large companies discourage it, but I'm not sure they disallow it completely.

They are managed by a company that rents by individual rooms.

I like that you're looking to run like a business- so either partner up with a lawn mowing company or if you have a PM - reach out to them for recs.

I also have just started up a STR management company here.

I am not a big flipping or investing company.

I have a property management company in KC and I'm happy to help any questions you may have or connect.