Institute additional phishing attempt trainings with your IT group.Increase Cybersecurity: Ensure your software and safety protocols are up-to-date.

Remember that the more complexity increases not just legal set-up and ongoing fees, but tax prep and advising fees as well.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

The ones still open to adding new policies will only insure buildings built after 2000, or 1980 (depending on the insurer), and you have to be claim free in the last 5 years.Unfortunately, $9k for a 10u does not surprise me. 

Your financial activities are essentially outsourced to another institution, which may have its own policies and vulnerabilities.What Can You Do?

Unless I think I can time the market, I am going to keep deploying my cash in something better than that.I am also bearish on treasuries, which I think will generally see yields rise (and values decline) on anything with longer maturities (yield curve normalization and long term downward pressure on the ratings/"safety" of US gov't debt).

Once that deadline is broken, I do not give that same renter another chance.You need to really think this through, develop a policy, and run it by an attorney to ensure it is legal and makes sense.

If you just want to throw out a general amount for safety, I would say 15k, but there is a lot of good advice above on how to judge it.

@Michael Plaks your policy as you describe is much more professional and palatable.

The thought of making that a 25 year commitment instead gave me a slight feeling of safety so right away I started paying an extra $100 in principle to my mortgage every month. 

To maintain the Premises in compliance with the applicable health and safety laws of the state, and of the local units of government where the Premises are located during the term of the Lease.