To answer your question on getting "basic insurance for property management" - See my perfect world scenario below Other than doing things the "right" way you could try hiring day laborers through a temp agency who would maintain the Work Comp and Payroll Taxes.

There is no value for you to add in this scenario.

Here is the scenario...S-corp LLC was established in Feb 2018 for residential real estate investing/flip.It started with cash deposits from both managing members to purchase a single family home in Feb 2018 for $80k.

Now a cash out refi is different scenario, but you are paying interest right away.  

OMG, a long list, @Joshua Thompson.Schedules C with zero income and large expenses, particularly interest, taxes, and repairsFlips reported at gross profit instead of full selling price minus cost of goods soldFlips reported as short-term capital transactions on Schedule DSchedules E with zero income and large expensesSchedules E with repairs several times higher than the rentMissing depreciationLosses from rental properties or K1s not showing up on 1040 (not always a mistake, but often is)All expenses grouped into some $40,000 "miscellaneous business expenses"Missing deduction for use of a business vehiclethere are another 20-30 very common errors and oversights, soon to include the missing 20% QBI deduction.

I also plan on installing key phob entry for the lobby, and some security cameras in the common areas to better secure the property and help the tenants feel safe.  

The biggerpockets.com people paid some lawyers to write up reasonable leases: https://www.biggerpockets.com/landlord-forms I've only looked at the California ones, but that one had not only leases, but common addenda, applications for the tenants, etc, and both PDF and Word docs that allow you to edit if you wish.

Run ROI scenarios. 

Run ROI scenarios.

Not that you'd expect to default, it's obviously the worst case scenario, but that is a whole heck of a lot worse.An alternative to refinancing is a line of credit secured by the property, a HELOC.