@Darien White Yes its standard guideliens from Fannie and Freddie.

Your standard estate plan is still 100 years behind the times, and families have devastating costs due to poor traditional and outdated estate planning that have nothing to do with asset protection. 

Also high deductible plans will help keep costs down as well.

., the second bank I talked to said this was standard practice for commercial loans in the market, it could be my "newbie"ness but I'd never heard of this in real estate investments..

That's with highest deductibles and minimum coverage. 

I'm starting to learn the hard way that bills follow the house in GA - trying to resolve a 6-year-old water bill that was deducted from my proceeds when I sold a house in Atlanta, even though I never had an account with the water department.

The premium Would Be about $3200 total with $2500 deductible. 

You have to remember that the primary advantage of using leverage in REI (other than stretching your capital further, of course) is that your tenants pay down your note over time, essentially buying you 75-80% of a home (assuming standard dp's).

@George GenovezosIt is standard for those types of items to be addressed in the IRA LLC operating agreement.

There's precedent (in Oakland for example) for drawing a line in the sand other than the standard "5+ unit or mixed use" line.