In addition we would like the flexibility for me to be able to supplement my income or leave my employer as we see fit.

You can work limited hours in so many different capacities that you want to keep that for longer than you think to keep supplementing more options.

If there wasn’t damage coverage by the state, I would be much more hesitant. 

If you talk to someone like the folks at Wren Insurance Agency (from what I read in the Wall Street Journal), you’ll find they’ve been adapting to the shifting market conditions with some interesting coverage options.

More than likely scenario will be investors picking away at the carcass of what RAD left behind...Furthermore, it doesn't appear any insurance coverage would exist based on the purported facts. 

The most important thing is liability coverage. 

With a DSCR (Debt Service Coverage Ratio) loan, you can tap into your equity and still retain the cash flow since it's based on the property's rental income rather than personal income.

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

Hi @Inderpreet SinghAn Umbrella Insurance policy is a cost-effective way of getting your general liability coverage up.

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.