https://www.massivecert.com/elevation-certificate-archive is a resource to check for existing CertPrivate Flood is probably a better solution for you price-wise and offers coverage not available via the NFIP.See if Neptune Flood is available in Ohio 

Go to that website: www.howtostartanllc.comThey have very simple steps and really comprehensive youtube videos on how to do it by yourself.I established an LLC by myself with that and figured out that it's really simple, yet a little bit long.About the Operating agreement, each state has it's own rules of if it's obligated or not.

Waller County is currently much more rural than Harris County (as a whole) and does not yet have as comprehensive of development regulations, especially when it comes to drainage and floodplain issues.

Will be vacant and under rehab for 60 daysDwelling coverage $175kLiability 1MMDeductible $10k (premium was even higher before with 2.5k deductible)This is from REI Guard which has been recommended on BP but I’m wondering if there are better local options.

Seth,There are two parts to this, Property coverage & Liability coverage.

Coverage seems adequate with this policy but I am struggling to fully understand all the different coverages.

What insurance coverage do you recommend for this scenario?

Cheaper and will provide a more comprehensive umbrella.

You want at least a 30% margin above costs and the NOI needs to be enough to pay the debt service after stabilization and then some.If the project looks feasible from a financial standpoint the next step is to check with the city or county planning and zoning department to get an idea if your concept will work, if you can build what you would like to build and what is required for all approvals including site plan, building permits, proffers, water/sewer tap fees, bonding requirements, inspections, setbacks, lot coverages, parking requirements, height restrictions, C/O process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

Most companies will rewrite your coverage to a Dwelling/Fire form for the rented situation.