We have a similar setup here in FL with Citizens Insurance.

Cheers He is not a US Citizen.

""By 1775, New Englanders were paying between 1 and 2 percent of their income in taxes, while the British government was consuming one-fifth of its citizens’ GDP."

I normally use the state provided insurance, Citizens, for all of my single-family homes due to its cost effectiveness.

For financing if not US citizen the rates are awful, most of my foreign clients just paid in cash.

Actually, Avondale where you bought property was ground zero for one of the most violent racial riotng in US history. and, your property is on that bullseye.Cincinnati is a "bifurcated" city. there are 100,000 citizens that work in the massive medical and university complexes, Proctor & Gamble, Kroger, etc. and live like I do in luxurious and affordable near in suburbs or the trendy apartments of Cincinnati's historic district, and then on the other hand 150,000 stagnant mostly unemployed  or underemployed minorities who are 92% of the criminal defendants 86% of the welfare recipients and close to 80% of the Section 8 residents.

I normally use the state provided insurance, Citizens, for all of my single-family homes due to its cost effectiveness.

They’re also often the only option for non-U.S. citizens or investors with high debt-to-income ratios.Clients often ask what a DSCR loan actually is.

If I can to your country, they will not lend to me on the same terms as a local citizen. 

If you are a US or Canadian citizen, and have a strong credit score and financial history, some banks in the EU will do a mortgage - variable or fixed interest and up to 30 years similar to the USA.