How would an umbrella policy protect against a security deposit related claim?

It’s cash flowing about $50/month after everything (PITI, flood insurance, home warranty, excess liability & termite protection) - if I got ride of termite it would cash flow $125.

Quote from @Michael Rodriguez: Howdy fellow Memphis investors,Any ideas for protecting thieves from pulling out the HVAC copper pipe? 

This is critical for protecting yourself, your property, and your neighborhood.Here’s why:Safety Concerns:Skipping checks could allow someone with a serious criminal history—like a sex offender or violent felon—into your property.

Whether they have personal property protection, and how much, should be left up them.

As for the property structure, using an LLC offers liability protection, while a land trust provides privacy.

If I was the buyer's broker, I would have checked myself to protect my client.If they had, then they would have found out it was not a three family.

It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!

Agree, STR are saturated but given the numbers, I expect unsuccessful players will leave the market.  

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.