in some cases you can use the rent on the subject property.Another option is a local back who may be more interested in the debt coverage on the subject rather than the DTI - down side is shorter term loans, little higher rate.

For a coverage of $5M and up to something like 50 properties, the annual premium is under $1000. 

As a result, you can expect: More financing optionsLower ratesLonger fixed rate terms and amortizationsHigher leverage (up to 80% with options for mezzanine debt or equity)Asset is primary source of collateral with no personal guarantees (non-recourse)Lower debt service coverage requirements (as low as 1.15:1)Depending on the market, CAP rates in the 4%-6% rangeClass B and C assets lose some interest from institutional investors and borrowers typically obtain financing from banks, agency lenders and specific purpose REITs.

Sounds like ATT vs Verizon as far as quality or coverage for List Source and Agent Pro.

So, even though “all-risk” is a more comprehensive form, it does not mean that “everything” is covered.

Seconding Patti Robertson: I could also use some help on "translating" those depreciation sections to comprehensible terms. 

Just remember your debt to income ratio will change as a dependent variable and your debt service coverage ratio will pop into existence. 

As a buyer, did you receive a title commitment that showed the exceptions to coverage as well as liens that needed to be resolved prior to closing? 

You buy a certain amount of coverage and that determines your premium, not the number of properties you have, etc.

Erie ins also has great coverage and rates.