., they force coverage on you instead of tailoring the coverages around your unique situation)Only represent one insurance company (no single insurance company can offer the right policy, at the right price for all situations)Their process for getting a quote is difficult and cumbersomeTheir underwriters/inspectors seem to always find a problem with a propertyIf you spot these warning signs, you should search for an insurance agent with these attributes: Have a depth of knowledge gained through years of experience working with real estate investors like yourselfHave a unique consultation process specifically crafted for working with REIsHave access to a minimum of 50 insurance companiesWork with a large independent insurance agency or group (the larger the agency, the more leverage they have with insurance premiums and claim settlements).

The chances of finding what you want without a clear target to move forward are pretty close to zero.

Most will fail to close.If they can not qualify for a mortgage on their own they likely have either bad credit or zero financial skills to save money.

I talked to this private lender that I’m building communication with and I thought I was prepared, but I felt like I wasn’t, even though I learned his lending policies.

The property is located in NJ and the lease is 50% of market rate, zero security deposit with specific disclosures that property is subject to foreclosure (but does not explicitly say lease is automatically terminated at that point).

I typically do not do an 'Actual Cash Value' policy, although these policies are cheaper I don't like them because they take depreciation into account when paying out.

Understand your policy. 

New investor in Tacoma, Washington and we are running through a lot of analyses, but unsure of what to use for reasonable estimates for closing costs and landlord umbrella insurance policies.

Like I said, the question stemmed from a conversation in jest I had with another investor, but it got me thinking and I got pretty much zero Google results for "Section 8 in class A areas" (shocker). 

Even in the best case scenario, the ROI does not justify the large capital investment and relative lack of liquidity as compared to my stock portfolio (where I have more knowledge & risk tolerance, even in volatile markets).