The case was completely frivolous and went nowhere (in fact, my E&O insurance carrier countersued the tenant for the legal fees and she ended up with a new collection on her record). 

I've also put in place equally great property management combined with an excellent liability insurance carrier (further fine tuned with a very modest amount of umbrella coverage), so I've never had the need for an LLC Rube Goldberg special in over 20 years across multiple states.I guess I got my liability coverage the old fashion way, I earned it.

@Brandon I Garcia the best carrier will depend on where the 4 unit is located. 

For my deals, the other obvious points I can reference are having a seasoned real estate attorney who has done private financing and knows and has executed state foreclosure laws, to not lend as owner occupied, verify carrier for builders risk insurance, have your LLC as additional insured, have additional draw conditions (D-T vs.

I have not had any luck finding a carrier that is willing to offer coverage on the home during the renovation.

@Hui SongHi Hui, which carrier did you go with for the insurance?

@Justin G.Starting to hear noise from our insurance carriers that cost per door on premiums are going up because the replacement costs are all increasing as a result of higher lumber costs.

Incur, create, assume or permit to exist any mortgage, pledge, security interest, encumbrance, lien or charge of any kind upon any of its properties now owned or hereafter so quired, or assets of any character, except: (a) liens and security interests in favor of Lender; (b) liens for taxes, assessments, or similar charges cither notyet due or being contested in good faith and for which appropriate reserves are maintained; (c) liens of materialmen, mechanics, or carriers, or other like liens arising in the ordinary course of business and securing obligations which are not yet delinquent; and (d) purchase money liens or purchase money security interests upon or in any property acquired or held by Borrower in the ordinary course of business.10.4.

I would look for an independent insurance agent with multiple carriers to quote your condo.

Therefore, the cell phone carriers must put transmitters on rooftops every few blocks rather than one large cell tower that is used for 1G-4G.