In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well. 

This is such a small issue that if it's causing this much agony and stress to the landlord, they clearly don't got better things to deal with which tells you more of what's happening will come.If I was the landlord, I wouldn't have originally agreed to this cause I always re-paint neutral on the turn at previous tenant's expense or if I'm just purchasing then with my underwriting.

The bigger companies like Apple, Google, Microsoft, etc, use RMC's to handle their relocations and they are very very difficult to pierce.

Pre-trial in 9/9 and docket sounding will be October 14th.This trial is going to be very interesting as around 30% of the debt relates to work performed on personal property, so it could prove the corporate veil has been pierced.

@Andrew Pierce Where to start....first the high levered physician loans are intended for owner occupants.

Most of the time they are young 20s and fresh out of college and never owned a pierce of real estate.

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

Should I be sued I feel like an attorney would be able to craft an argument that would convince a judge to let them "pierce the corporate veil" and open up exposure to all of my properties. 

You don't need an LLC to be an actual business, and an LLC isn't a guarantee that someone won't be able to go after your personal assets as they're "pierced" all the time by decent attorneys.

Pierce that corporate veil like a water balloon.I have a few buildings and each with 4 or less and hence residential investment loan. i agree and have come to the conclusion to increase the liability insurance by 500k. 2nd- buy an umbrella insurance from the same/different carrier.