Not everyone offers it but if it is in the policy, it shouldn't be a problem to claim it.

The activities of wife with respect to the rental properties included, among other things, cleaning common areas, collecting coins from washing machines, performing repairs at the properties, communicating with tenants, collecting and depositing rent, maintaining insurance policies, purchasing materials for the properties, as needed, paying bills and keeping books and records for tax accounting purposes.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Fire/hazard insurance policy must be an owner occupied policy which won't cover you for STR as there is more risks, so that's a problem.If you buy as investment the long term rental income can be used to offset that payment thus is easier to qualify for but rates are higher, down payment needed might be more to make the property cash flow.

Just like Joe said there is no point in doing this and you need to aim for a longer term (standard term is 15 - 30 years). 

It's also incredibly poor form to have no mention of that policy until all the documents were signed and sent off.

@Zack WilliamsThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

@Riley Jordan make sure you are named on the policy as an additional interest such that if the policy is cancelled or not renewed the insurer sends you a notice.

You may want to consider buy-sell agreement with life insurance basically the individual co-owners buy life insurance policies on the lives of each co-owner.

Makes me feel better about my insurance policies with loss of income coverage (looks like it may cover epidemic by the way) and an extended replacement cost option.