I would at least recommend you have them shop a policy for you.One thing we did note is that with hail damage to roofs, they seem to be decreasing coverage/increasing deductibles on that if ever needed.

It’s a good idea to speak directly with an insurance agent who understands multi-unit properties to customize coverage for your specific situation.

I am a small business owner, business is not doing too well right now so that’s why I’m looking at an all cash buy, so I can get a nice cash flow to supplement.

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

One solution could be a Debt Service Coverage Ratio (DSCR) loan.

In that part of Texas the wind deductible's are all moving to a percent of the dwelling coverage.

This ends up supplementing my income about $1,000/month give or take.

Documents regarding your pet(s), if any: Photo; vaccine records; proof of license with Animal Services; contact info of vet; renters insurance showing pet coverage.8.

It’s also worth connecting with local agents who know the market and can find coverage tailored to your needs. 

At 70% LTV that loan would size around $44 million (less if cash flow causes a coverage constraint).