The personal property thing is tough, because you have less protection and more ways to get burned (they could move the house and you would have to then find them to collect). 

I've personally had no experience with them and it sounds like you've been burned there, but let me know either way.Yea the try-state area is tough, because the prices can get a bit ridiculous.

It doesn't max you out and stress you out burn you out and bum you out if it doesn't work like an aggressive refi would.  

This converted church was apparently of buddhist background and incense burning was a common everyday practice leaving the entire place smelling of incense with every vent and room outlined in black soot.

I'm trying to help the owner of a duplex get financing (essentially a cash out refi) to repair fire damage, which was extensive. The amount of funds needed would equate to about half of its market value. I spoke with ...

While I might seem like a reasonable guy that won't go after them after they negligent burn down my house, I show them the insurance and say, but these guys can be rather nasty. 

Don't burn the bridge, but everyone appreciates upfront, honest people rather than finding out later that someone snuck around.   

@Brian Burns You're better off using a realtor. 

I would get insurance, but I also would rather be covered from a liability standpoint and also in case a tenant decided to burn my house down (whether intentionally or accidentally).

Yes I have seen (burn offs) in the note where the guarantee goes away once a certain LTV or pay down is reached.