We use Hiscox for our insurance with our business, not sure if it works for property but its worth a try. 

Pointing out the BS that people try to peddle. 

Doing this will open your eyes to how people waste space in real estate today.  

I’m new to the rental business.

But, a lot of people like that.

Oh I agree with you if that rent will be a business income to live on vs just an unrealized gain.

Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.