And here's why:  "While a property can still be sold while there is a lis pendens, title companies will not insure the property, and that alone should be a deterrent to purchasing."  

The coverage I have in my landlord insurance policies are all 100% of rental income over a 12 month period, along with a $1 million liability coverage and cost to rebuild limit with 5k deductible.

How should we get the insurance?

If insurance was 5% for a SFH, it may be 15% for a commercial multifamily.Some specific questions I have:Will most lenders be hesitant/refuse to loan to me as a sole investor with no commercial history despite any starting capital I may have?

Insurance at least liability.

He needs it for his records, and occasionally, maybe every 3 years or so the insurance person wants it. 

So the 1st home's NOI would be $14,000 minus taxes, insurance, utilities, vacancy, maintenance.

At 80% LTV, 5.5% interest rate, $1,600/yr taxes, and $800/yr insurance, you get a PITI of about $1,108.

@Travis CawthorneThese are all good questions to ask your CPA.Regarding the BRRRR method - you are ultimately renting it out so it is a "buy and hold" investment.You will be entitled to customary deductions that buy and hold investors are entitled to - depreciation, mortgage interest, real estate taxes, insurance, etcRegarding how much you have to set aside is how much money you earn through the rental, your tax rates and if your other sources of income withhold enough.

So here I am with a rental that is insured for the cost of the property hoping that they don’t try to pull that **** with me.