I think almost half the cost comes from the teen driver.Additional $345 annual to add $1M excess uninsured / underinsured motorist coverage.A $2M umbrella on top of a $2M STR policy might seem like overkill, but it's a big three-story house with seven bedrooms, max 19 guests. 

(Quickbook’s little brother.)It’s very much overkill of what you’re trying to do but it’s super simple, downloads all your bank and credit card transactions, and only costs $50/year. 

If you can buy it in a LLC and the LLC is funded, then yes buy it in a LLC.I am not an attorney, but have done a lot of the stupid stuff people tell you that you should do and at the end of the day every accountant and attorney after the fact told me all of that is such overkill and just a waste of $. 

I've joined the AOA and reviewed their lease agreement, but it seems like overkill, though I do like some of their addendums (bedbugs, plumbing etc).

The insurance replacement cost of $236K might be a bit overkill unless you're planning on burning the place down (just kidding!).

Can utilizing an LLC be overkill for some?

However, if you are just starting your journey in Real Estate Investing, then this might be a bit of an overkill, to be honest. 

It makes a lot of sense to have those reserves be set on a dollar amount, rather than a percentage which might be overkill and skew the analysis.

That may be illegal.Yep, that's what I'm going for as of now.....I'm wondering if I and neighbors should get a lawyer or if that's just overkill right now.... 

You could just get an appraisal but it seems like overkill and costs a fortune.