Because the declaration is comprehensive in what it includes, and that it explicitly states that signing it makes one subject to perjury if they aren’t truthful, helps to reduce those who have previously used the COVID pandemic as a reason to avoid paying their rent, even if they could afford to pay.

So for you, my comprehension is that you look for your rent to cover the full mortgage with some money left over for cash flow of course, correct?

Asad,FYI, Refrigerated Products coverage is available on most Renters policies. 

I have not found any properties that meet my criteria.The criteria I am working off of based off my boot camp from dave lindahl isCap rate: 10%Debt coverage Ratio 1.6Cash on Cash 12%I have 2 questions1.

I didn't go over other comments but many DSCR...Debt -Service Coverage Ratio lenders will be able to get that deal done for you.

DSCR (Debt Service Coverage Ratio) of 1.25 or better.  

Look at zoning: set backs: and make sure that the lot allows for a second unit: Remember that a second unit is not the same as an ADU: different parameters: like set backs from property lines and from main structure, also parking requirements, lot coverage and allowable total sq footage. 

Does anyone have advice on how much coverage I should be purchasing on a 3 bedroom vacation rental.

If you move and put it on the market talk to your agent about when the Vacancy/Unoccupancy clause of your policy kicks in (30 days, 60 days, etc...) and find out what coverage is excluded when that happens.  

At the very least submit a claim to the underwriter, worst they can do is deny coverage.