If you don't keep insurance on the property if its mortgaged, the bank will get insurance for you and you won't have a choice in the matter.

Private Mortgage Insurance is simply an insurance company insuring a portion of the mortgage.

I currently have 10 mortgages under my personal name and have reached my limit with fannie/freddie.  

Some info here :https://www.zillow.com/mortgage-learning/fha-203k/It seems most hard money lenders won't loan on property that is going to be owned occupied , just on investment property at least the ones I've seen.

I have a deal that I'm looking at that has a $10M non-recourse assumable loan with a mid 4% interest rate for 20yr term.  I normally look at just getting new financing at purchase, but wanted to consider this option t...

Most of the good cash-flowing properties that we are seeing For 15-30k down that will cash flow on average $150-350 /mo after "The Big 6" (mortgage, taxes, insurance, vacancy, management, maintenance) have been paid.

2) Would you refinance the property to a 30 year or keep the current mortgage?

Account Closed yes they do other wise it could trigger a "due on sale" out lined in the mortgage note.

I got divorced in March of 2016, so my ex is still in the house, and I am still on the mortgage (although it is her responsibly per the divorce papers).

Lots of things caused the mortgage crisis.A lack of regulation allowed many tactics that should have never been allowed.