You don't want to be in a position where something happens and then they deny coverage due to undisclosed use of property. 

My tenants pay about $20-$25/month for it and get $100,000+ in coverage.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

I am also trying to collect as much as I can from the sellers but not everyone has great data which is why I'm trying to supplement with an online tool.Where does the data come from when using AirDNA and Awning. 

This is a great way to supplement your retirement income from 401k, pensions, etc. 

Always get title insurance and pay more for extra coverage (it's usually cheap for the extra coverage).10.

A few months ago, I switched my insurance to Proper, as it seemed to offer the best coverage.

I understand that for high-income earners, this is not a big concern because they supplement their primary job.

Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.

It's good to know your full coverage and protection.