These items can make it expensive or difficult to get insurance for as well. 

When you are just starting out, all you need is good insurance and stable and steady enough income to not worry about defaulting.

If it was your debt, its probably your's to pay off.Title insurance has two variants. 

It comes down to having good insurance for protection. 

Insurance Proceeds and Taxability: The insurance payout you receive is not "free money."

If it ain't broke don't fix it.You have a mortgage and insurance.

The GP was so open and transparent every step of the way with the different types of insurance that were essential, adjusters, replacement cost, debris removal, code upgrade, etc.

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

This is important because right now we could probably make around $200 profit after all mortgage payments, insurance, etc.

In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc.  Our rental properties are listed as well, but those are owned in an LLC.  It didn't...