My agent said we can add the trust as an "additional insured" on our existing policy.

Now I look at properties like a chess game, which one offers me the most opportunity long term (adding value via renovation, build additional units if the lot size allows, renting garages as storage units etc). 

Always best practice to be listed as additional insured as the property owner as well. 

Once you have that rolling and you understand the game you can then invest your W2 income into additional properties. 

Does it affect their credit?

It's a favorable rate, and given the equity you have in your property, you have a good foundation for securing additional funding without compromising this rate.Considering your property is now an investment, and you're looking into financing options for updates, a VA loan could still be a viable path for you, even in your current situation.

Additionally, they engage in charity work and support Christian ministries, which may resonate with those sharing similar values.Our financial advisor initially recommended SDIRA Wealth for its tax strategies, and it has proven to be a solid choice.

With a vacancy I have costs associated with the turn in addition to lost rent while its vacant.

This will cover the mortgage payments. all of the additional expenses I will cover out of pocket (escrow account).

Could be a win/win situation if you purchased and offered additional funds to move them out.