Nareev,You would be solving a problem for this insurance company by being flexible.

It can take years to rebuild, work through insurance issues and move home. 

Good question- so I called my Insurance Company and they requested all of the HOA docs...Cert of Insurance, By-laws and CCR's copy. 

Just wanted to ask some questions on your estimated monthly payment with loan, insurance, taxes of $796.33.

Also, how do you verify that the renter has renewed their renters insurance policy? 

We would be depending on the rental income to pay most of the mortgage/taxes/insurance, but are concerned that Galveston may be too saturated with similar properties and that we might have a hard time getting enough renters to earn that income.We'd love to hear from others in the area who host STR property.

Appraisal (including insurance appraisals/valuations).2. 

I have a great insurance guy who is direct to over 40 national insurers, which means he is writing the policy to suit your unique needs. please PM for his contact.

Mold tester recommended remediation for the mold that was found but didn't express any concerns about the level of mold being a concern but I ordered the remediation right away since insurance is paying for water damage due to sump pump failure.   

You need to pay insurance, technology(key) , association, state and national association on top.