It doesn't necessarily hurt resale here although you have to know that you're going to be required to carry flood insurance which obviously can skew some numbers.

For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

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

A lot of qualifying questions for any potential tenant.Having said the above, I ask for some "standard" things, such as the names of everyone who'll be living at the unit.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

To my knowledge, guests also have trip insurance. 

They are DESPERATE to find insurance and are striking out everywhere!!

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

If so, you will need to apply for a change of number of bedrooms on the standard CHA rent increase form.