Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5The best protection for you and your investments?

It doesn’t require you to disclose any personal information. you just have to have sufficient assets for down payment and closing costs usually starts out at about 20% down.

There are two aspects to being an investor in a Reg D 506c offering who’s unaccredited and did not provide sufficient proof of accreditation (one could possibly obtain needed docs and in this case the sponsor would be the victim  of fraud).

My concern is that without that amount of personal income available I would have difficulty establishing a sufficient amount of reserves for emergencies.

In California, a Will alone is usually not sufficient to avoid probate. 

Must meet self sufficiency test for 3-4 units on FHA though, which alot of properties in higher cost areas do not meet.Conventional allows 5% down on 2-4 units.

I figure the upside to the rental scenario is, of course, investing in multiple properties, while a downside would be having to most likely get a conventional loan on the second house with 20+% down and proof of sufficient enough financial reserves to handle two mortgages. 

If you can provide additional benefits to the community, particularly those most greatly impacted that's great but that alone usually isn't sufficient in most municipalities.

You just need to have certain minimum underlying requirements per policy exposure.I do agree that having $1 million in underlying coverage is not a sufficient reason to not consider an umbrella policy. 

if someone else comes along and wants to put 50% down on a great property, and they have sufficient cash and reserves, great!