If that number is greater than the purchase price of the house, then I would consider buying the property after looking at other factors (location, condition, neighborhood, zoning, etc).In other words, 6 straight months of rent should pay for the house. 

They can likely purchase a policy but claims will likely be denied if it's not a legal residence

Admittedly that book is one of the first I purchased.

Purchase price: $198,900 Cash invested: $36,000 Primary home till we flipped it to an STR after purchasing a new primary.

Did you purchase travel insurance when you booked your stay?"

are you looking to purchase I assume? 

A VA loan could be used to purchase a 1-4 unit property as long as you would occupy the the property.  

I believe my clients are happy with their first investments (purchased with me and managed by me) as well.

The purchaser's name should be on the deed and the seller should have a first position mortgage filed.

Hi Eric, Would you be purchasing the new property as a primary or Investment?