We have literally started our business because of this house.

I attended a weekend long conference by Than Merrill, but I do not have the money to throw thousands of dollars into educating myself on it (at least not yet).

If you do one flip you could potentially pay off the loan in one lump sum with thousands to spare for reinvesting.  

Because push comes to shove if the named insured does not match what is on title, it is very easy for them to send out the denial and cause you to spend thousands litigating the claim or just take care of the claim on your own, which defeats the purpose of purchasing the policy in the first place.  

Careful on the due on sale clause in your mortgage.Use your second as leverage; you can use your second as a down payment on another property, you can split the notes to have more leverage (second mortgage of $200,000 with notes of four fifty thousands or two $100,000 etc.My renter is interested in buying the place, and I'm interested in selling.

The two properties were ~ 1 block from each other so the property descriptions were quite similar and the amounts of the mortgages differed by only a few thousand dollars.

Had American Family before and they were great until I realized how I was spending thousands more a year and that they should be great!!!

You can quite literally be stuck waiting for them to show up, for days.

It literally sounded too good to be true and probably wasn't real.Good work on doing your research. 

This is a hunch, but some investor is going to lose their *** on that property because the time that has had to be invested is not worth the few thousand they were able to get the seller to come off after I walked.