I would like buy and hold for rent, and the numbers are:Purchase Price: 59.900€ARV: 70.000€Closing cost: 8.000€Rehab: 2.000€Annual Taxes: 480€Down Payment: 30%Loan Interest: 2.6%Years: 30Gross Monthly Rent: 450€Monthly Insurance: 65€Other Monthly Exp.: 20Vacancy: 5%Rep.

Maybe your insurance covers this? 

Hire a bonded, insured landscaping company, increase rent or add fee.3.

And cross your fingers Make your insurance is paid 

I am getting updated with the latest properties available via auto-alerts and searching on Craigslist (I know these are probably not the best places for deals) but it seems like most of the properties make absolutely no sense as possible investments due to the high GRM.

If so, you should contact the insurance company.You will likely receive a check from the insurance company made out to both you and your borrower.

I’d like to start requiring renter’s insurance as part of the lease agreement.

The Title company did all the work with a warranty deed and Title insurance. 

And reassure them by doing things like adding them on the insurance policy (and you send them proof before funds are sent over). 

I’ve put in full baths for as little as 4K and some over 25k.Get multiple quotes, go see their previous work, verify their insurance and build out a draw schedule that makes sense based on labor and materials.