We sold that the multifamily though so no lonver have that coverage.  

So I'd conclude that, with adequate and appropriate insurance coverage, building codes and heeding the warnings of officials (like putting up shutters when they tell you to), you should be fine - arguably storm risk is priced into values here.

And by adding it to the lease, the tenant's insurance coverage will be extended to the storage unit.

Different coverages, deductibles, etc, can make a huge difference in your annual premium.

A few are actually active right now, if you do a quick search, but insurance has deductibles, coverage limits, is easy voidable, has notice requirements, and doesn't cover a whole bunch of knew or should've knowns, as well as a plethora of other exclusions.

As long at the debt service coverage ratio (DSCR) of the property is high enough (1.1x-1.25x depending on the lender; the DSCR is more or less the net income of the property/loan payment but this equation may differ between lenders) you could potentially prequalify.

At some price and interest rate, the property doesn't meet the bank's Debt Coverage Ratio of 1.25.

. - Qualification for refi is not based on your personal debt to income but on the income of the property itself -  debt service coverage ratios. - Lima One will cash out refi and close within 30 days. - Yes, rates are higher than conventional but seem on par with commercial loans.  

If you need some leverage, the landlord tenant act of PA may provide some legal coverage on the tenant's duty to keep the unit clean.

Lenders have a DSCR ( debt service coverage ratio ).