Chat with them, and ask them where they find their guest (Airbnb, Furnished Finders, Insurance claims, etc).

I use this for tax and insurance which all properties have)Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)EBITDA (earnings before interest/taxes/depreciation/amortization.

I have used ALE successfully but 4X rent is not what we got we got 2X there is a limit in the insurance polices as to what the insurance will pay but its a decent move at least it was for us

Bernard- Akita- Wolf hybridsUnfortunately, these are prohibited for insurance reasons.

Keep in mind that your mortgage terms and insurance premiums will probably be less favorable in an LLC.

Quote from @Shakthi Kamal: If you don't know the answer, choose the umbrella insurance.

We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents.

Insurance is the FIRST line of defense.  

Much of Florida is in a similar boat, especially since insurance has 2-3x in the past 2-5 years.

You should also check to ensure they have Errors & Omissions insurance, Fidelity Bond coverage, and a Financial Institution Blanket Bond.Some are more consultative and advisory and provide guidance, while others are just processors.