We have also partnered with a reliable general contractor who will be investing in the project and has extensive experience in mid-scale hotel construction.

This means that these purchases are negative thousands of dollars per month.  

What is the purchase price or capital required to assume the note? 

Medical/physician programs are typically best for primary or investment purchases..check in with @Joseph Chiofalo he is a national lender and refinance savant that's worked closely with me for over two decades.

I am in the process of purchasing my first rental property and am looking for any advice on what to anticipate as a new Landlord.

Did you purchase your current home with a VA loan?

We will put that $95,000 into the emergency fund and continue to save money until our next purchase.

Borrowers usually only put down a fraction of the purchase price, the lender is stuck with the property if either of the above criteria fail.

I purchased the policy through an insurance broker, Moody Insurance Worldwide (301 417-0001).Hope this is helpful.

Or, do I have to stick with 1 (standard or actual) for the whole year, regardless of a new car purchase?