Just get good insurance coverage and save the higher tax costs.

Which in NOLA, if it is being financed, means expensive because you have to have both named storm coverage and flood. 

Consult your insurance agent prior to change of ownership and possession because insurance coverage may be limited or terminated.

,I see a few threads on this already, so I apologize for any redundancy, but I am looking for insurance coverage for my rental properties. 

On top of that you can obtain Umbrella policy, which will cover beyond the initial coverage. 

Maintain at least 6-month of cash reserves to cover expenses and review your insurance liability coverage to confirm you are adequately covered from a liability risk event.Just like the Federal Bank stress tests that gauged how well prepared the large US banks were to another recession/depression.  

Even if you take it on yourself you then have one, and forbid you should get hurt have some coverage.

I don't know what the city will allow for coverage, but a lot of other houses have been replaced with multiplex apartments for the college kids.  

Is it possible for an investor to get property coverage without that coverage reflecting off my personal credit report?

Same goes for any pre-arranged deed in lieu of foreclosure, always better to just follow the laws and do what is customary.....that being, now, a Note and Deed of Trust.A CFD will also have insurance issues, assignments of losses must be made, can have double coverage, where the owner may need to act in the event of a loss.