@Gabe G. do you know anyone a little south of you that would cover this area?

Basically, if your property is damaged by a storm big enough to have a name, you're covered. 

I assume the operating agreement can cover multiple LLC's that do the same business type?

Soooo long story short, if your goal is to use the property a decent amount of time, you will at least break even & cover ownership expenses with short term rentals (possibly make a few bucks). 

I have two differlend loan terms for the two propertiesProperty #1 - 3points 12% covered 100% purchase and 100% remodel (up to 70% ARV) 6 month term Property #2 - 2 points 10% covered 90% purchase and 100% remodel. 12 month term 

It is not covered under warranty.What would you guys do in this is case?

If so, there are several commercial lenders who would do a cash out refinance under one mortgage covering both of them.  

Lets say I was in a position where the mortgage was being covered by a renter.

Most of our cost are from our monthly utilities so if we can cover that we would get oursleves in a much better postition.

The cash flow covers all expenses, CapEx, PITI, Management, etc.