That way it can cover any mortgage, monetize and when you want to come down just remove the listing dates and enjoy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

One key advantage is the VA loan, which allows you to buy a home with no down payment and competitive interest rates, making it easier to purchase property.As you continue to invest, you can use rental income to help cover mortgage payments or expand your portfolio over time.

I am not a legal advisor & I can't tell you how its going to turn out but this is usually how I like to cover myself.

If it’s not covered in the lease I see no reason why you can’t say “the insurance company won’t allow smoking” and tell them they have to smoke outside.

A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at.

I have more than enough net worth and global cashflow to cover a gap, however because most of my net worth is in collateralized real estate, I cannot directly access by say cashout refinance. 

Potential rents for a single-family targeting off-campus students sound great, but will that cover renovation costs and potential vacancy time during the transition?

From what I am observing it is seemingly reactionary to cover lower margins and out of necessity to make deals pencil.Meanwhile I am hearing this spun or disguised to help raise capital, negotiate better ownership splits or to merely keep the lights on.

Quote from @Chinku Prasad: First, you can contact your insurance provider to see if they will cover the damages and then pursue compensation from the other party.