When I sold the house 120 days later, I noticed a $14k charge for lender-placed insurance on the closing statement.I reached out to the lender and provided proof of my coverage during the loan period.

Then the time cycles usually come into play. 

If not, it will be returned to you and you keep it unopened as proof that you sent him the letter.

However 2 things to note: 1) DSCR loans for future investment property acquisitions do not care about your DTI (DTI only really matters when buying a new primary or any time you are using a Fannie/Freddie/Ginnie loan).  2) After 12 months of proof of someone else paying it for you, you may be able to omit it from your DTI calculation. 

I mean material as recently as late 2022 was totally off-base-- the real estate rookie bootcamp, you had porfer Morby on here, the Carl twins that promote STR as recession proof, the list goes on.

Also lot of insurance companies to give new quote asking for proof of new roof replacement otherwise not giving quote which concerns me as my roofs are very old replaced by previous owner or original roofs. 

However, the dumbest part of the law is that you can't file for eviction until you show proof that the house passed the lead safe certification.

@Ben EinspahrHouse hacking in Denver metro areas involves lenders reporting rental income on Schedule E, accepting 75% of STR/MTR income from lease agreements or appraiser's estimates, and requiring additional proof via tax returns.

Long turn average doesnt do you much good if you have to take the money out in a down cycle.

I personally never hear stories of the turn key provider spending extra sound proofing between units or investing in better quality fixtures or other high touch building materials so that the end buyer can enjoy reduced maintenance costs and better tenant engagement.