This will also provide some coverage for my single family rental in Florida which is in an LLC with a partner as well as general lawsuit protections.

I would classify this as a necessary repair because the tenant is talking about sparks, if god forbid something were to go wrong that text message just screams lawsuit.

Chase sued for ignoring the self employed loans: USA TODAY: Chase and other big banks shuffled Paycheck Protection Program small business applications, lawsuit says.https://www.usatoday.com/story...

Hello everyone, me and my girlfriend are thinking about house hacking in Chicago area or NW Indiana suburbs, what would you choose in terms of appreciation 3 bed 2 bath condo in up and coming neighborhood (Bronzeville, Humboldt Park) in Chicago city and rent by room or Single family home with In-law suit in NW Indiana (Hammond, Highland)?

However, there are a number of SFHs that have potential, namely the ones with mother-in-law suites and other additions.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Remember, in most cases your personal residence and qualified retirement accounts are protected from lawsuits so if those are your only assets then you are already protected. 

Class action law suits should ensue.

We will be speaking to an attorney but it really is a pity that yet again we have to deal with attorneys and potential law suites. 

Sounds like a class action lawsuit waiting to happen.