We just realized that we need to do our part and minimize exposure.   

During a discussion with my mortgage broker today, she mentioned that as I start doing real estate flips, an Exposure Line will be a good financial product for me.

An LLC will limit your overall liability exposure to these claims and protect your investment from claims made against you individually. 

If your are doing a large apartment where your exposure is much higher, the benefits of a LLC are realized.

LLCs employing domestic staff will need proper coverage for employment liability exposures.

Question for you smart bears out there -- How do folks a) reduce their tax exposurewhile simultaneouslyb) continue to qualify for financing for bigger and better deals (as they continue to do deals)? For example, my d...

Your current tenants should not have any objections to do so, since this way there would be no people would be passing through the property, and no possible exposure to the virus.

Purchase 3 smaller/cheaper homes, have cash to buy your new place, and achieve positive cash flow on your new rentals while still getting exposure to the Austin RE market.Historically, homes closer to the median price point see the best appreciation.

If you get to many "dings" on the Renters Legal Liability policy, rates will go up and you could decide to end it and go back to individual Renters policies and their headaches at that point.4) Incorrect - This $100,000 limit (which is more than most Renters policies provide by the way) is dedicated to fixing your asset first (just like you would want), but if the $100,000 limit isn't used up fixing your asset then your renters have up to $15,000 to cover their personal property.In summary, the product costs about the same, provides coverage to the asset owner FIRST, requires no tracking/monitoring by you or your staff, doesn't open the owner up to exposure between when you find their policy has lapsed and you get it corrected, and will decrease your P&C costs. 

We got prequalified for a certain amount of loan exposure.