Insurance right now is wild, so I'd get a solid broker on your team - I'd be happy to share my contact if that would help.Also, aren't most of the existing insurances shared on the OMs for the properties? 

While leasing is the front door to maintaining a property’s occupancy, renewing tenants is the back door.

I am not sure where exactly this property is, but this is an example of why I prefer B class neighborhoods or better when looking for rental properties. 

And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?

Is this property in TN?

So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

I know a common practice (at least for syndications), is to create a separate LLC for the property and then raise capital once the deal is already under contract.

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

Have you done any value-added work to your current properties?

Can they prove how long it takes to rent a vacant property?