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.

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I am conflicted on whether to use the 500K on one big property (ideally multi-unit) or buy several smaller properties.

To my knowledge, guests also have trip insurance. 

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.

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

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.

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