Especially, when I see sites like Airbnb/VRBO offer hosts protection of liability insurance of up to $1 million USD to protect against third party claims for personal injury or property damage; so that makes me feel more comfortable just listing on Airbnb/VRBO with the condo unit under my name.Thank you!

A couple questions - I'd think that rehabbing a currently occupied unit would pose certain risks, mainly damages to personal properties and injury to tenants.  

Residential REO volume has gone down significantly because of the ROBO fiasco and doing workout loan mods in pre-foreclosure and short sales.There is a difference between a commercial OREO broker and a residential REO one.Residential many REO asset companies have just a few assets trickling in for the amount of agents that have applied.So these companies charge computer platform and system fees and mandatory training sessions and bilk the agents out of what little cash they have.The net 45 days is also not true in many cases.They are supposed to pay in 45 days but many times delay payment for 2 months or longer.This makes the banks or asset companies float interest free loans using and abusing the reo brokers/agents.Then too add insult to injury they take a 1 percent fee off the top with only a 2 percent payout afterwords.Sometimes the bank will start the listing price high even though the listing brokers opinion doesn't agree with them.Then they re-assign to another agent and take a mark down and you are still chasing the bank to pay you the costs incurred with the listing.What you don't have on the reo listing side is CONTROL.Some of the big REO companies HAVE TO sell hundreds of properties a year with volume or they actually LOSE MONEY.For this reason many of my friends have gone to the pre-foreclosure side which is what I work on the commercial side more.Since I work with the borrower the bank has to deal with me to close a transaction versus trying to get into a "good ole boy" network where a company might have a 50 year relationship with a bank already.You can't focus on what you can't control but just take advantage of the opportunities that present themselves and capitalize on them.

I had an opportunity to play for the Buccaneers but that was short lived due to an injury.

The policy came in at $4124.I let the broker pick what he thought was reasonable as a starting point and it looks like $2M in General Aggregate, 2M in Products and Completed Operations, $1M each occurrence, $1M personal and advertising injury, $500k damage to rented premises, $10k medical expenses, a line that says $1.11M as the limit on the building, 80% co-insurance, $5k wind deductible, $5k AOP deductible, and a property enhancement endorsement.Clearly I need to have him walk me through this, but are there any good self-study resources AND any good rules of thumb I could apply to see whether this is reasonable? 

Tenant injury, sewer back up, fire, hail, rain storm damage, wind damage.

$1.5MM settlement fir injury on propertyWith LLC, after my homeoners $500k is exhausted, im on the hook for additional $1MM, and the $600k in equity is cleared out right, right? 

My current contractor is out a couple months with an injury and I need someone who can meet me at properties within a timely manner.

NC Nuisance Laws Examplesof nuisances:interfering with the comfort, convenience, or health of an occupant are foul odors, noxious gases, smoke, dust, loud noises, excessive light, or high temperatures.A private nuisance involves a particular injury to a specific individual landowner.In this case, the suit against the wrongdoer may be brought by the affected individual.

However due to a work related injury, I'm currently on FMLA at my job only receiving 66% of my regular income without tax withholding until at least April 2019.