As a passive investor you have ZERO control over your money - and unlike shares of a REIT you can not easily liquidate - at least not at anywhere near market value.  

An "owner's title policy" is purchased (typically) by the seller for benefit of the buyer. 

But if you've got one or more day zero tenants to occupy all or part of the space, that could blunt the unknown in a big way.

Makes zero sense .

Not sure if the washer and dryer you are supplying are coin operated or free, but mine are coin operatedTenants pay for the utilities and it has been zero issue because I do not allow it to be an issue.  

I’ve heard from some investors that are perfectly okay with simply breaking even on rental properties in the current market, but I’ve never had the risk tolerance for that.

I have zero experience moving a house.

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

It was an automatic membership renewal with zero notice to me to decide if I wanted this or not.

Find the right insurance from the beginning and you won't have to worry about them canceling a policy.