Also, what happens if you fail to maintain proper insurance coverage and their is a total loss due to a fire?

I felt i had to tell my story to explain why i want even poor examples of extra protection and why i over always go overboard on Insurance, way more coverage than needed and hardly ever used .

DSCR (debt service coverage ratio) qualifies you based on the asset itself cash flowing.

The 70% rule is indeed a common guideline used to evaluate BRRRR deals, ensuring that you can potentially pull most of your money out on refinance.When lenders offer DSCR (Debt Service Coverage Ratio) loans at 75% LTV (Loan-to-Value), it can change your analysis slightly.

We were contacted by our PM regarding this coverage and they recommended this company.  

However it can depend on a lot of things like your deductible, your credit, coverage.   

:Currently my insurance cost for each house is around $800 year, called around today but couldn't find anything cheaper Any top tips for reducing the cost of insurance I currently have 3 SFH in Michigan Your cost is going to be dictated by the value you have them insured for, coverage and location.  

If it is the seller, are you confirming they added builders risk coverage and all other insurance is suitable?

Make sure you have the right coverage. 

Is the Airbnb/VRBO insurance enough coverage on its own?