Like @Jeremy Holden said above, sub2 could be a good option for you, he's a great resource to lean on in this market as well.

Good luck.

Hi All,I just wanted to know if anyone has been using any good companies for landlord insurance in Rochester, NY.

There are lots of lenders out there that specialize in different things and have different workarounds. by working with the same broker, they'll understand where your priorities lay and since they have a better understanding of your experience, they can push for exceptions that wouldn't normally be approved.I myself am a broker so I may be a bit biased here, but if you do feel that your current broker isn't very good or that they are overcharging you then you can certainly explore other options.

That's really good info to give! 

Good luck.

If it was me I would allow the tenant to handle the situation, but since you are asking the question, I would say an addendum is probably a good idea either direction you decide to go in, just so it's clearly spelled out to everyone.

With experience in both, there's only 3 good reasons I can think of to do an STR instead of an LTR:1.

Saving tax money by losing money disproportionally is not a good strategy.

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).