Costs: -initial, and ongoing-do I need specific liability insurance on automobile?

For now, this is an exercise for me to learn how to evaluate these larger properties and learning the more in depth steps.Here's the pro forma: (BP won't allow any HTML Tables so this is ugly, first # is soft, second is monthly rents, and third # is the rent/sqftAutomobile Repair9400 -- 3000 -- 0.32Church14300-- 2000 -- 0.14Jerky25600 --- 3500 -- 0.14Restaurant3127 -- 1750 -- 0.56Listed as Rented buy Google says is Vacant2400 --- 0 -- 0Rock Climbing Venue2000 -- 1200 -- 0.6Smog Shop2600 -- 1500 -- 0.58Gym7000 -- 1300 -- 0.19Vacant11000 -- 0Totals:77427142500.21Calculations:Listed Price$1,710,000.00Listed NOI$171,000.00Listed Cap Rate10.00%DP 30.00% = $513,000.00Financed$1,197,000.00Debt Service @5.5%$95,760.00 (15yr Amortized 30)Cash Flow$75,240.00COC14.67%Debt Service @3.5%$83,790.00 (15yr Amortized 30)Cash Flow$87,210.00COC17.00%A couple things to note:1 - There's a wide swath of Tenant Classes 2 - I am aware of the environmental concerns of the Smog & Automobile businesses. they are on the back side of the property away from the retail in a separate set of steel warehouse buildings.Tagging @J Martin -because he wanted to stay in the loop on this.

There is very little reason to work for a company when you can make more and be more flexible in controlling your life as a freelancer.One thing I think that will hurt suburbs is the reliance on the automobile.  

You will have to buy lease forms You have auto mobile costs maintenance on said auto...

Here's how ours looks:Safeco, $352 per year, $1M, married (2 drivers), 2 cars, 15 residential rental units, Vancouver, WA.Broken down as...Base rate for one owner occupied home and one automobile = $118Each additional automobile $39 x 1 = $39Each additional dwelling unit $13 x 15 = $195  (Note, this is per unit in buildings that have no more than 4 units.

🤗I found this point instructive in the rise of the 30-year mortgage and its knock on effect on historical house prices and the broader economy:“It was not until the 1920’s and the spread of the automobile that home mortgages outnumbered farm mortgages.

Tenant needs to make a claim with their Automobile Insurance carrier.

This was unfortunate as the loan I had on the automobile was a 0% interest loan--thus the reason I had the loan in the first place.

My question is for anyone who has moved their personal automobiles under the LLC umbrella and converted to commercial insurance.Is moving the autos underneath the LLC a good move and converting to commercial?

It's quoted that the President of Michigan Saving's Bank told Henry Ford not to invest in the automobile because, "The Horse is here to stay, the automobile is just a fad".Obviously he was wrong.