For our flooded location luckily we had full coverage.  

I had replacement coverage insurance and received about 300K to restore the house.  

I have each of mine under a Landlord Policy, but then have an umbrella policy over my own home and the rentals; extended liability coverage.

Hi Brian, I have Obie in my properties now, although I've never filed a claim with them so far, they are the better rates I can find, ask for their tenant liability coverage, I paid an extra 107 dollars a year and they cover up to 100k if a tenant severely damage your property. 

If your insurance coverage isn't enough, they could seize the LLC assets but not your personal assets.Additional thoughts:1.

A DSCR ( debt service coverage ratio) loan was offered to me instead.

I do have additional coverage for the sewer since I knew it may have issues before I bought the property. 

We've never even had a tenant try to sue us over a security deposit dispute.For the last 10+ years, I have occasionally asked for just one example of an investor that was sued, lost, and the judgment exceeded their insurance coverage.

These options can provide simpler and cheaper access to funds, especially if rapid property acquisitions are your main goal.Life insurance is a powerful tool when used for the right reasons—like estate planning or key-person coverage.

At a high-level, I'm looking for a single page that will show the entire health of the property, from income/expenses, to debt coverage, capex, ROI, etc.