I've spoken to a few people who have totally focused their portfolios on Columbus in particular, especially as big parts of the financial services, insurance, and tech industry migrate there. 

GeoVera Insurance Services in St Pete FL will insure properties held in land trusts.

He told me he did not service it and that it was the tenants responsability. 

@Daryl CorreiaWhile 5% down investor loans may be available, the rates will be high as will the monthly payment, resulting in significant monthly losses.Below is a (over simplified) table showing the down payment rate, debt service, taxes (0.55% of the purchase price), and insurance ($700 per year), assuming a monthly rent of $2,200, and a purchase price of $400,000.

Thisleaves me with 2 active private investors.

@Malcomb StapelHere's a good starting point. https://www2.deloitte.com/us/en/pages/financial-services/articles/blockchain-in-commercial-real-estate.html

The end result is 2 units added to your portfolio however you are now also exposed to the appreciation of the rental property at a 1 to 5 leverage.Of course that is assuming the property can also cash flow and service the debt of the new mortgage. 

Installation of a separate electrical service for an apartment.4.

Does this mean they wont cover rental activity?

It would be valid to assign the business account under the name of the owner who is more actively involved in managing the property.