I am using Proper insurance (for homeowner + STR + MTR +LTR insurance) because of the coverage they provided for STR and MTR. It has become more expensive and the worst part is that they recently denied my claim. They...

Another option is to explore private lenders or HELOCs to cover the equity.

So, often times even if 1 or 2 of the units in the building are not generating any rent, the remaining rents are still enough to pay for all of your property’s expenses and you don’t have to come out of pocket to cover them.

I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.

I am in Deal Flow, which is a mentorship/mastermind group led by Cam Cathcart. 

Quote from @Cam Warren: Hey I’m new to the bigger pockets community.

It usually doesn't cover for full replacement of your property.

Liability insurance covers negligence.

All state said they cover cash value for properties built prior to 1940, drewlling comes out less than half of asking price.

Will that be only for one property, or cover multiple properties like umbrella policy?