In comparison to annual MLS dues, the cost of obtaining an NMLS license is negligible, and more importantly the value of expertise it provides  clients is net positive investment for time and expense.

I see a few red flags and just want to know if these are typical provisions and I'll be facing a "take it or leave it" scenario with ny intermediary I hire.Please give me your thoughts, my gut says the QI wants overly broad protection from everything and that shouldn't include things like not verifying instructions are from me or for negligence or misconduct.Sample Terms1.

If not worse.The difference is negligible in your position, holding over 5M in equity, your time is better used elsewhere.

At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage. 

Only if you can prove monetary damages due to negligence or fraud.

You might not be as covered as you think without some of the STR policy protections.The liability will follow you regardless if you hold the property yourself or in an LLC when it comes to negligence.

Do not operate your business negligently and certainly not with gross negligence.

The only cost so far is the hosting which was $150 for 4 years (plus domain name which was negligible).

It's very SERIOUS.Onerent needs to be investigated by the Attorney General's office - they are putting entire communities at risk with their negligence.

But it is EXTREMELY negligent for a PM to give legal advice on FHA if they dont understand it.