Quote from @Paul Azad: WOW, they had to spend 18.6 million for 12 months of Rate Cap insurance up from 513K they spent for same insurance they got 2 years earlier, These syndicators took huge risks in acquiring these MF properties with the variable bridge loans with rate cap insurance in order to buy at lower cap rates than any reasonable investor with fixed agency debt could afford and apparently at LTVs approaching 80% too, in order to drive higher IRR 'projected returns" for LP investors.Bridge loans are a disaster when the markets shift.  

I would also see if you would have to have a different type of insurance to rent to an assisted living / group home. 

My name is Caren, and I’m reaching out to introduce you to SiniSTAR, a unique platform that’s opening doors to a new income opportunity: the mid-term insurance housing sector.

I'm the landlord of a 3-unit building and wanted to know if I should be concerned about any potential plumbing issues (like freezing pipes) or other safety concerns.What steps should I take to protect the building, and are there any other things I should be worried about in this situation?

You don’t need an SSN to get a driver’s license, register for school, get private health insurance, or apply for school lunch programs or subsidized housing."

However, the homeowner insurance coverage can bit steep at times due to the natural disasters down in FL.

Give them a triple net lease (meaning they pay rent, and they're also responsible for insurance, utilities, and maintenance).

Insurance is sufficient.  

I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

Meanwhile they cannot articulate the liabilities these strategies will protect against, do not understand insurance or how to correctly operate the LLC's  they form.