A renters policy is better for you and them because it provides them with Liability and Loss of Use (if they have to live elsewhere such as Hotel if there is a covered loss at the location).

-Profit n Loss - Year to date Profit n' Loss signed by a CPA. ( needs to match bank statements ) -CPA letter confirming that borrower is self-employed and the business is profitable and legit .

You will want to weight the pros and cons of each software and determine for yourself where you are headed with your business and the features that you need.

Electric and gas: I would not buy a property that's electric was not separately metered, so this should be 0 outside of vacancy loss or common areas where it will be low. 

Loss of rental income, contents replacement and property damage are the primary areas of coverage.

-building/dwelling coverage 250k -other structures 25k-loss of use 50k-liability 300k-wind/hail included-building/dwelling replacement cost included -deductible 1000, 2500, or 5000 (changes cost)cost for 5000 deductible is 121.17/month or 1454.04 annually -Is this any good, is there something I should be looking out for? 

Notify your insurance agent, sending them pics, copy of rental agreement (you have "loss of rents" coverage, right?)

I'm looking to learn more about options exist when you no longer qualify for Rental Losses as a Non-REP when income is above $150K.

A fire, flood, loss of power etc.

There has been no serious drama, just a failure to receive payments and loss of communication with the tenants.