If stuff breaks regularly I get better products or harden the property. 

I can sell such products cheap enough so the employer can significantly reduce their costs, even if I'm accumulating a big pile of cash.  

I also have a couple of other potential ideas.Are you looking to contribute to something or build your own product?

The downside is that you only have that one product to offer - can't do purchase mortgages, can't do cash out refinances, can't do conventional refinances, etc - or you'd be giving up that rock bottom IRRRL rate by the time you were done hiring all the people for all those extra departments.  

Assuming that the tenants are still there when we purchase the place, are there other types insurance or products that could cover us for liability while we repair the issues precluding insurance coverage?

VA loans are more flexible than any other Agency loan product out there in every which way except the condition of the home being lent on, as you already know from your home purchase. 

I have 2 or 3 lending partners who have in-house products that allow for additional investor loans. 

Greg Nalley is a local agent with a lot of good niche products.  

I've heard a lot of people using certain products from Home Depot etc.

In an age where courtesy and respect is absent online, just wanted to shout out to everyone and thank them for creating such a productive and encouraging environment.