If you speak to a broker they can look at what you are trying to do and make suggestions on the appropriate insurance levels. 

Single family units are more than plentiful in this area so that was my target, however,  since our recent encounters with multiple hurricanes, insurance makes it near impossible to even remotely turn a profit as a landlord.  

I'm looking for the lowest entry-point level to generate cash flow and learn the real estate business.

I have sold a bit over 50 million of the northside 2-4 units so seen lots of day 1 analysis vs long term, they tend to not look great on paper in year 1 but rents ramp up each year and they run under 3% vacancy here so actually bring high returns over the long run.

I'm also involved in new development in Traverse City on Condo units that are zoned to allow STR's. 

For me, it's around 25-30 units. 

Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

I'm particularly passionate about House Hacking and Multi Units. 

One side moved out and the unit has been vacant for 6 months. 

I have a SMLLC that owns 2 commercial office units.