Why you have to include Building coverage if the Association has it.   

It's essentially a R/P 0.3%, leaving very little breathing room for debt service coverage. 

Have you looked up Indy's Master Plan or Comprehensive Plan?

They are not the cheapest, but they have under the same roof asset protection and tax attorneys who offer a comprehensive approach to make sure that you not only get asset protection but also tax efficiency.

For me, it shows a lack of reading comprehension by the prospective tenant.

For example, a regular homeowner/landlord policy or auto policy has liability coverage. 

Typically it’s referred to as DSCR or Debt Service Coverage Ratio.

Landlord insurance policies conversely usually do NOT cover personal possessions inside, have slightly higher liability coverages, and a few other nuances.What the State Farm person did was actually a solid favor, since they were able to consider the two units separately. 

Do you have a comprehensive quote from a general contractor?

Maybe start getting the word out with good media or social media coverage?