The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

If the insured driver was sued for more than their car insurance covered, the accident must have involved negligence.

It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

People who are involved in anything tend to have an overinflated sense of self, ego and importance.

Real estate is transactional where people are involved so it won't be a black and white answer.The best to do is to find an agent that fits your needs and guide you through the process.

That complicates enough I'd consult with an entity/asset protection pro.I don't hold residential assets in LLCs unless partners got involved. 

Creating an LLC and getting insurance on rental are two methods of "Asset Protection" that most real estate investors use to protect themselves and their assets. 

Many real estate agents dabble in property management without fully understanding the complexities involved, making it risky to work with them.

For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved). 

The LLC can sign an agreement with the debtor (mortgagor, that’s YOU) accepting liability for the debt, but that’s only between the two parties involved in the agreement.