People could be paying into these wildly expensive policies and then never get any of the necessary funds once a disaster does hit. 

I then learned I'm ineligible per their policy....Rental or for-sale properties such as vacation homes, model homes, or vacant apartments.

Does anyone know of an online insurer that will write specified actual value policies that would allow me to choose the actual value that is adequate for my program?

So what stste law allows them to charge the fee, is there any way to use state law to change city policy?

I had to evict one tenant already and am being much more strict in my screening process.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

@Raul Mena There’s really no need for an LLC at this time, but landlord insurance and/or an umbrella insurance policy may be a good idea to give you extra protection because of those other people living in your home.

Just curious everyones thoughts on using an umbrella policy vs an LLC especially with an expanding portfolio?

Keeping an eye on Federal Reserve policy and mortgage rate trends is crucial to timing your investment and budgeting accordingly.2.