Under contract in Michigan,I was planning to keep home in my name and when needed (repairs are done and ready to rent) get an umbrella policy (primary residence in florida) of a few million for ithowever I am being told as I am out of state I cant get an umbrella policy on the home, and if I could would be limited to 1milInsurance people - advice and info please. 

The requirement for a second home loan is usually only that it be xxx number of miles from your primary residence. 

Lets say I purchase a duplex with 3.5% down FHA and live in it for a year as to qualify it as a primary residence.

They treat tenants as the primary client when it should be the owner.

@Christian Brown What is your primary goal with the software?

We were able to pay cash for this one after refinancing our primary residence, so we could always treat this house as a BRRRR. 

Carl,Your object is to make the Tenant's Insurance Primary keeping your Insurance seconday.  

I have used this product on both our primary and our rental property. 

Currently I have 1 rental property and 1 property I purchased (financed) and live in as primary residence.

Sold my primary residence (live in duplex where I had rehabbed both sides)  earlier this year for a $147k profit.