They come with their own tools, experience, insurance, licensing, and continuing education.

Have talked to a few and they are willing to lend on the property, the concern is that with such a high commercial %  that MI company won't insure.   

On a rental, find what the property would rent for per month, multiply it by 12 (annual Income) and then subtract taxes, insurance, holding costs, (whatever else you account for) and divide by your offer price to get your net ROI.

. - Title Company:: In the purchase agreement the seller should be required to provide an owners title policy insurance.

My other question is if anyone recommends an insurance agents in the nyc area who can write a policy for my situation if i did airbnb for the rental unit?

Even under RESPA if the seller is paying for title insurance for both the buyer and the lender, they can dictate the title company.

I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount. 

Specifically, I was wanting to strike through the part of Clause 5 where it says Note: Buyer's obligations under this contract are not conditional upon obtaining or closing any loan.  

Going forward include a paragraph detailing your obligation as well as theirs. 

I am considering increasing my home insurance deductible from $1500K to $4000K.