Depends on your goals, market, and risk tolerance.  

Reiterate your policies to them.

I have applied for a 203k loan and in the final stages but my insurance company just turned down the policy due to the construction.

There policy was to only place same gender into an apartment unless the tenants indicated they had no preference. 

As you might know most of Ventura County has slow growth policies in place, kind of forever limiting new building.

We faced two issues in escrow: because of the HOA lien foreclosure we had to do some extra searching to find a title insurance company willing to issue a policy; getting a payoff was an issue until someone at escrow obtained the last four digits of the SSN and used the bank's automated system to get a payoff.The second situation was similar but this one we kept as a rental.

Look at square footage, what the other houses have that this does not etc. 100k ARV with 15k in repairs I'd buy it for $53k   If you're using Brian's formula you'd need to be at 45k ( if you want to make 10k on the deal) The buyer would only NET $92k if they sold it on the open market and paid a realtor plus closing costs and title policy.  

Does anyone know of companies that offer landlord policies in MI without your primary residence being insured in MI

You need to get a good umbrella insurance policy, a strong lease, defined rental criteria for potential tenants, and partners in place such as handymen, and an attorney to handle possible evictions etc.

This is the first complete summer of operation, and gas bills are zero.