Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

An umbrella policy or other insurance policies can often lend similar desired protections in a much more realistic and simplistic manner.

I'd shop around that insurance policy as well.

Can you rent it and get your PITI covered all in with the rehab and have some cash flow?

The Left must resist the urge to “help” with short-sighted, counter-productive policies like rent control.

I believed the company had liability because the allegation "should have known" was outside the policy exclusion. 

Option 2 with second lender is, get an FHA loan at 3.5% and use the concession to buy discount points and bring a 6.2% interest rate down to a 5.4% permanent buy down, putting me at around $3,450.00 monthly PITI and also adding 8k to the top of the loan for mortgage insurance.

A EE bond is a pitiful interest on the face of it, but it is a guarenteed double value in 20 years, which equals 3.6 percent, I think. 

Take out 5 $2mm term life insurance policies for 20 years.  

@Yinna Wang Make sure whoever wrote the policy knows that one unit is being rented because there may be additional requirements.