Who's name is the lease in, tenant or insurance company?

As Shawn mentioned above insurance is going to be a HUGE deal in Gainesville as well as HOA's.

It doesn't necessarily hurt resale here although you have to know that you're going to be required to carry flood insurance which obviously can skew some numbers.

For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

To my knowledge, guests also have trip insurance. 

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