A standard "business owner's policy" is fine -- it covers the building, commercial general liability, and ideally, loss of rent. 

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!

You could use the rest of the land to build your primary residence.or...

The latter would create mortgage rates issues, the former will eliminate a lot of fake demand and some material real demand in the housing market that is bid side.Mortgage rates higher + build costs higher(less labor + tariffs)= Kill demand.

My name is Bryan, and I’m eager to start building wealth through real estate.

It may not be “sexy”, but it works with a low risk and long term wealth building  

I'd build a network of agents and owners in your select markets that work primarily with investment properties.

You have so much time to figure out what you want to do and build a network throughout that time.

I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental?