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 likely to be higher, then you may consider an umbrella insurance policy.

This is how we make a living and cover our bills . 

I lived in the house with my siblings (who pay me enough rent to cover the mortgage) for 3 years, until 3 months ago when I moved to Phoenix.

I’ll have to get pictures , not sure size .

If it is attached to the privately owned property it could be covered very easily and in some cases the coverage would be included in a standard homeowners policy.  

Every investor is different on what they want covered, so really you just need a good agent who will discuss the coverages with you when you set up the policy. 

@Tony Thomas no advantages that come even close to covering all the expenses and paperwork headaches!

@Tony Thomas no advantages that come even close to covering all the expenses and paperwork headaches!

The great thing is, if one unit is vacant, you’ve still got others to help cover the mortgage.

Keeping good relationships with lenders in your buying niches can help you have yourself covered without wasting a ton of time!