what is the typical amount one needs to insure?

I have very low paid expenditures, currently the property tax is $1,100 annually, I pay 65$ in insurance and I am setting aside 7% in capital expenditures, best of all no mortgage.

They are minor but two title companies we have gone through so far will not insure title.

Yes, clean your credit, but also keep saving v Remember that your lender will want to see six months of PITI (principal, interests, taxes, and insurance) in your reserves in addition to your down payment.

Definitely use separate accounts, whether you have an LLC or not.Checking: receive rent, pay billsSavings: hold deposit and reserves for capex, maintenance, taxes, insurance, etc.When your checking account has more money than is necessary to pay bills, transfer the excess to the Savings account where you can build funds for a new investment.

I am running my numbers and have trouble estimating insurance since I am not sure do I need 3 separate insurance plans(HO6) or 1 to cover all?

This place is actually a homerun cash flow numbers wise.. after utilities, taxes, insurance, capex,etc..

It just creates extra paperwork.Your better option is to get good liability insurance and most importantly manage risk to avoid problems in the first place.

We got several GC candidates recommended by friends and families, but they are either not licensed (without insurance), or not wanting to pull permits, or quoting way more than others... 

Income around $40,000 yearly Expenses $10,000 yearly (property taxes, trash, water, sewer, park license, insurance) What is price I should be looking to purchase at?