Your mortgage company dictates your insurance requirements.  

I have communicated this finding to the company via an email and will follow up with a call, my question is what more can I do in this situation?

We are currently using Excel for the most part for tracking the rentals, and using a third party account servicing company for tracking most of the seller financed loans (Weststar). 

They are specialty trust companies and banks that make this service the core of their offering. 

I haven't worked with any of the two companies but that's because I've always had from developer financing and partners so I never needed it.

Otherwise you show the lease to your title company and have them credit you the stated deposit at closing. 

What are some of the main things you look for in a great Property Management company?  

When I started my PM company many years ago we quickly expanded from commercial to SFR as an explosive opportunity was available to me.

Recently I heard an online property insurance company advertising on one of the BP podcasts, but I can't remember what the name of the company is.

I'm reading your thread and also am looking for a multifamily and would prefer to pay 20% down instead of 25% the lender I am applying with just told me that I have to put down 25% and that it's standard.