Did you confirm their liabilities?

Hello Group I have a short term rental in the Santa Cruz area that I am looking to get homeowner's insurance on.  It seems that most companies have left California.  I am hoping someone on here has gone down this road...

Most other people I say 5M but since you are high liability doc it makes sense to get this extra protection sooner.You're in an excellent position to achieve your FI goal by age 50, but you really need a group of good accredited investors around you.

If you’re primarily interested in the investment side of Real Estate, it’s completely different and the liability exposure is different.

I am out of state so I have a reputable PM handling the tenant but I want to make sure I am adequately protected in terms of liability and such.

In this way, you are each out $1 million in liability in the event the loan is not repaid.     

We are about to rent out our homes 3 bedrooms on Furnished Finder and need to modify the BP CA lease to reflect this and protect us from potential liability or situations.

It can have asset and liability protection if you maintain the LLP correctly. 

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.