Hey Maliko, Unfortunately, I can't offer you any guidance from an experience standpoint, but I can offer you extreme value from a support standpoint.Myself and a few other young (18-19) year old investors have started a small networking group in order to answer these questions and support each other at this crucial time in our REI careers.We aim to make sure all of us stay on track and are committed to engineering and creating the future we want. 

Your property insurance should be updated to a proper rental policy but the loan itself will not change.

They even paid title policy because they chose to close with their own title company. 

Aim for a 24 month straight line payback on any renovations ie. $1,200 spent = $50 month rent increase. $2,400 - $100/month, etc. 

IF not it is a no go with my investment policy.

You can DM me if you want the specifics on my commercial experience but I think I'd be thinking: 25% down, 20 year amortization (you can probably get 25 but I doubt you'll get 30), it's probably going to be a full-recourse loan, odds are the interest rate will only be fixed for 5 years and then there will be a balloon payment and a reset, and they will likely want to review/approve the insurance policy you have for the property.     

suspect you WON"T get title insurance we buy in some states were the redemption period is long and we only sell for cash on quit claims.. which narrows the field substantially and your buying most deals ( and these are homes) for 10 to 40k each.. so risk is not great.Yes a buyer will have great issues from having to wait a year to 5 years... there in Yuba city go over to Marysville or even Yuba city and walk into fidelity or first American and talk to a title officer these are the folks who will let you know company policy that is if your buying in that county.. if its Colusa or Nevada or some other California county contact title company in the county every county will have a different position on this.and like I said earlier if you have really no standing in the industry IE you have never really closed a deal with them .. your not doing any volume etc.. there is little chance they will take a risk for a 400 dollar title policy fee..

In the 2nd case I think that was borderline and would depend on the officer or department policy.  

You'll require other documents, including fire and lender title insurance policies, and a few others.

I am looking for help with....What type of policy is my best option and any suggestions on insurance companies that work with fixer uppers that need work before being 4 point approved?