So my insurance broker says he cannot be added.My attorney advises I should maintain the previous insurance plus setup a new one under the LLC in FL who is the beneficiary of the Trust and then to add the Trust as additionally insured.But i would like to avoid double paying for insurance.Will you guys please advise on how to go about doing this?

I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.

That referral attorney you mentioned I would be very interested in that contact. 

Stock up on liability coverage you are in a trial attorneys paradise.    

Or hire an eviction attorney and wait the time..

They should get their attorney to draft documents for you to review such as a loan agreement.

Personally, I wouldn't spend money on an attorney because 1) I think the covenants/restrictions can sensibly be used against STRs and 2) because the HOA potentially has deep pockets if the officers decide to fight because they can pass the cost of the fight to the home owners.I would reach out to the officers to get their sentiments and to plead my case, and I would start building my case with the other homeowners. 

Then find yourself a wonderful attorney and management company! 

Our attorney is very clear about what we can and can not communicate related to criminal background and that is why self-managing can be a mine field when it comes to application qualification criteria.  

There are a lot of misconceptions about the protections afforded by the LLC, so speak with an attorney.