Additionally I spent $35,000 on property taxes, $17,000 on insurance, $35,000 maintenance and repairs.  

In that case, you'll strongly want to consider what putting personal-use property inside of an otherwise business-use LLC would do to the liability shield, as well as insurance and tax reporting.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

I have had a lot worse and never been forced to replace it to get insurance.  

Quote from @Beau Guidry: I agree with all of the above and will add the exorbitant insurance costs are squeezing rental profits at the moment. 

STR, MTR, it doesn't matter, you can't house people there and would be in a severe insurance liability if something were to happen in an unpermitted addition or renovation.If it was permitted, you would use Furnished Finder for MTR.

Hi BiggerPockets Family,I am looking to insure a triplex that I own in Philadelphia which is under my LLC. 

@DeAnna McKillop-LopezKeep it simple to start, unless you have more than $10M there is no need to do anything but by the property in your name and get insurance if the property is a single family rental.You can do all these other methods but they just cost you money every step along the way.

@Nakul PatelBest asset protection is an insurance policy, you open a LLC then you are gonna have to pay like $850 a year for it if you are in California even if it’s a LLC in another state plus other fees and costs.

Zero tax state, no insurance or property tax issues like FL and TX. 

The term Diversified Core Equity style typically reflects lower risk investmentstrategies utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties.There are currently 25 private funds that are included in the index.So in short, only this froum is tracking private data from an institutional private core-only real estate syndication.They're tracking core-add only and un-levered position.Here is the return of Commerial Private Real Estate core-only unlevered position for 4 quarter :        Q1__Q2___Q3____Q4____Annual 2007 3.71% 4.82% 3.68% 1.90% 14.84%2008 1.15% 0.09% -0.85% -11.04% -10.70%2009 -13.89% -9.24% -7.52% -3.70% -30.40%2010 0.51% 4.09% 5.22% 4.70% 15.26%..2022 7.14% 4.54% 0.31% -5.17% 6.55%2023 -3.38% -2.88% -2.10%  n/aAnnualized net return from Q4 last year : -15% !!!