Buying My First Multifamily Investment. Few Questions

[Jon Schoeller]

Hello everyone. I am looking to close on my first multifamily real estate deal this week. I have actually been in real estate for a while but mostly just flipping. (Over 130 to date) My partners and I picked this property up at auction about a month ago and I decided to buy it as my first personal rental. It a 4 unit that is fully rented. Purchase price of 100k. The rental income is 2200. ARV 150k. I will be buying it for cash upfront with the hopes to refinance it as soon as possible.

1. Should I buy it in my personal name or my LLC? So far I have decided to buy in my personal name as I have read that is the easiest way to get my refinance with the best terms.

2. I have also read that with having just one property, that insurance is more important than the LLC. As 9 times out of 10 that is what they go after in an event. Which type of insurance should I get and for how much coverage?

3. I have decided to manage the property myself at first just to gain the experience. I am not sure how long or short-lived this will be. The building can easily pay for management on its own so I can go that route at any time. Should I even bother? 

Any other advice would be greatly appreciated. Thank you for your time.