We are contemplating a syndication deal for some commercial office space.

It sounds like you had a terrible manager.

What kind of commercial building is it? 

A friend of mine recently got a $2M umbrella policy for around $300 annually by bundling it with home and auto insurance; it’s worth exploring.Out of curiosity, are you primarily investing in residential properties or venturing into commercial spaces?

It would not surprise me if they were acquiring the paper and servicing rights to take an inside line on refi's for these customers if rates decline.Actually CFPB regs may NOT apply if the subject loans are investment or commercial property loans and not SFR owner occupied or consumer loans. 

I'd also love to connect with you all.And if you are already investing in commercial multifamily, what is your own investment criteria?

I was told that some commercial insurance companies are able to provide umbrella policies without auto policy and primary residence.

The income based approach to valuation is only used for commercial properties, that’s 5 units and up for multifamily.  

Ease of management?

@Zara MassoudAdding your property manager as "additional insured" is standard practice and beneficial for you.