Since condos need two types of insurance and many of the largest US companies pulled out, the cost tripled and with less coverage.

@Matthew Welk Happy to make an intro to the answering service team at CS Outsource that does our late-night support.They help with 24/7 emergency support, overnight coverage, troubleshooting issues, dispatching approved vendors & local staff, tracking and managing maintenance work orders, and other back-office tasks.

Also, this is a pretty comprehensive book on the subject: https://www.amazon.com/Subsidized-Comprehensive-Government-F...

The LLC is the new owner of the property so a policy that is just in your name is not providing any coverage.  

Just have 1 unit /condo in chicago loop, that is now available for renting.Posted on Zillow , total of 6 applicants. 2 very interested parties.What tool/website should I use to do a comprehensive background check? 

If your lease contract is much more thorough and comprehensive than the lease they're on now, you may want to try having the current residents sign a new lease using your contract (you would probably need a mutual termination agreement as well to void out the existing lease; again, I'm not a lawyer, so definitely worth consulting one!).

DSCR (debt service coverage ratio) based loans are here for this very purpose 

Pic 1 is the interest rate paying 10 percent down and the lender giving us 6 percent in closing cost coverage.

Lenders who understand and specialize in such properties can be more flexible with their criteria.One approach is to ensure you provide comprehensive documentation on the property's potential and zoning specifics.

A comprehensive lease agreement addresses all elements of tenancy, and clear home rules are required.