My average premium is roughly $1500 per property with a $1000 deductible.However, a buddy of mine recently had an electrical fire and his whole investment burned to the ground, so now I'm thinking I should have better coverage, but it's rather expensive where claims are paid on a replacement cost basis which would run about $2650As far as I understand it, my policy would cover a lot of the cost of replacing things like a roof or damage from natural disaster or fire etc... but not 100% whereas the replacement cost policy would simply cover all costs at the expense of devouring my cashflow.I'm just wondering what most people have and what someone would recommend?

The unintended consequences are that the average person thinks no evictions = no rent.

How can you look a specific towns stats on crime unemployment schools etc. also whats the average rate on a 203k

Rents are offered based on average but the actual RENT ROLL in the offering memorandum.

As a broker, I know the contamination will significantly reduce the value of homes in the neighborhood (zero), and I imagine the company will eventually buy the homes actually contaminated...but if I could purchase the property in question at a large discount and rent (w/proper disclosures) at even half the average rental of the neighborhood ($950-$1100)...  

You are substantially impacted by public health restrictions related to COVID19.If you meet the eligibility you would be allowed a loan up to the lesser of $10 million or your average total monthly payroll costs during the one-year period to the loan being made multiplied by 2.5.  

Vacancy of 3% is your tenants staying an average of 33 months.

The average tenant has no idea who owns the property they live in. 

That may not be reflected on the P&L.Ask for a Cashflow statement and ideally cross-reference it with the property's bank account.Of course, having an experienced person take a look at it will help.Beware of using the selling broker's numbers listed in the Offering Memorandum.There are also reports available that give you the average expenses in major markets.

The $100 option fee is negotiable, but that amount is probably the average for SFR here.