The umbrella policy covers both of those policies

You might get a decent discount for adding the policy to your overall stack.I would also look at adding an umbrella policy to cover the whole shebang.

We have also used a portfolio loan on LTR's to pick up one because we didn't have leverage on around 14 houses so the cash flow from those 14 definitely cover the payment on the str. 

If you're getting a roommate to help cover the costs of bills and expenses, that's one thing, but you would need to be living there. 

., stolen smoke detectors, fire extinguishers) or cover costs for anything beyond normal wear and tear.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I did the same when I was selling roofs and will knock on a doors super quick to talk about buying their property. 

Selling to a wholesaler might be a way to get out, but ensure it covers your loan.

Just want to make sure you cover your bases.

Had a good foundation, roof needed some repairs.