65% seems like a very reasonable LTC, but you really have zero control over how the asset is handled after you invest if you're a passive investor.  

Give me $3.5 Million, earning ZERO PERCENT, and I can live very comfortably in Hawaii, eating out at nice restaurants, taking 3-4 international vacations PER YEAR for $100k per year.

What is everyone's policy when it comes to verifiable income?

Or maybe you are hip to that and you just cut and paste the information from the previous owner's policy if by chance they give you a copy of the policy that they for sure are going to cancel (That's another way we find out) and then use the same language for your new policy.

He changed his insurance policy to compensate.

It is more like a small barn because it is tall and very spacious at about 600 sq ft.It is located on a very desirable cul-de-sac street with almost zero traffic - super quiet, safe and private.

They do not apply to $500K + homes with $3000+ rents in a market with effectively zero vacancy. 

I have zero experience with bugs, but this looks pretty bad. 

In order for the sale to occur and any title company to underwrite that sale with a title policy, the tax lien would need to be paid either A) prior to closing (doesn't matter who pays it) or B) will be paid at closing out of the Seller's proceeds.  

Where I live I would not be able to get an insurance policy for a house with knob and tube wiring.