If a lot of people are injured in a fire (or deck falling, or other calamity) and it's your fault, insurance might not be enough. 

Mom got brain cancer and I need to be close to her, a job relocation, my kid got injured and is now permanently in a wheelchair and the old house isn't wheelchair friendly, old house burned down, etc, are what we're looking for.The other alternative, depending on how much it'll cost you, etc, would be to refinance the duplex into investment property financing with a closing concurrent to the FHA purchase closing.

According to the Wikipedia definition:   "The Scaffold Law is a New York State law that holds employers and property owners fully liable when an employee becomes injured due to a gravity-related fall..."

Wc insurance is required by all people that work in construction .. even sole proprietors .. this is of course if your intending on keeping things legal and not wanting to risk getting sued by a injured worker .. a officer of a LLC or a corperation can get exempt  from   Workers Comp but they have to file for it .. so if you have anyone who you hire that tells you they are excempt .. ask to see their certificate .. then check online to see if it is valid .. unfortunately  .. if you dont check and they get injured , you can still be held liable .. good luck and ..God Speed , Michael Short 

If a child gets injured or worse, you can be guaranteed that you will be sued as the "deep pocket."

Afterward I spoke with a few that had been, to a man they admitted that the plaintiffs had been injured and that had they settled for a "reasonable" amount the lawsuit would probably not have happened.None of them thought the plaintiff had "made out financially" via the courts.all cash

This could be a maybe for me, but I would check with your insurance company to see if you might be held liable for a visitor getting injured in the pool. 

If someone flagrantly disregarded known safety laws that resulted in me being injured, I would sue. 

If someone injures themselves and sues, they will be suing the LLC and not you personally.

I was just reading yesterday that as far as fatalities and injuries on construction jobs, Roofers are #1, I think followed by concrete workers that are injured when ditches aren't shored up and they have a cave in.