Assessments, in the "condo world" cover items not insured.

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

Our insurer is Traveler and their max coverage is 300K.

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

Now the job is almost done and management company is asking me for work compensation and insurance say I have un-authorized job done.  

This was a turning point in my life.

And while my professional growth is important to me, I also balance the demands of a busy family life with my wife and four young kids.Looking forward to more insightful discussions like this.

Hadn't considered that, so that just saved a few years off my life. 

I understand that nothing in life is free.

But insurance continues to be high due to frequent hail storms.