LLC setup, insurance and PM evaluation input requested

[Rahul Singh]

I'm getting ready to make my first move. I'm interested in getting your input on few items:

1. How do you have your LLC setup for your investment properties? How does having investment properties out state impact it? Any other advise you may have for me.

2. What kind of insurance coverage do you carry on your properties? Other liabilities risk mitigation that I'm may not be aware of.

3. How do you go about evaluating a PM?

4. Any issues with transferring a property purchase with personal financing to LLC. Can the lender force or exercise "Pay in Full" or some clause in the loan? How would recommend getting round it.

Thank you in advance. I appreciate it.