We are based in Memphis and happy to provide any insight or feedback. 

Looking for some advice.A prior tenant did some malicious damage to my property.I called police, they attended and the report said they were wearing body worn cameras.

We are sending our prayers for those suffering up in LA.

Now we are in 2025 and although I still own the trucking company, it has been an inconsistent pit that has technically brought me personally no profit.

But we are also both very used to corporate and used to having a security of a job.

We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?

Happy to share my experience if you want to send me a PM.RyanHey Ryan, we are in the process of looking at buying a house for an STR in the beach Mountain area.

Compare wear thickness(the top layer) and overall thickness.

If appreciation and scalability are your long-term goals, consider house hacking or saving for a bigger market later.

• How do leases typically handle furniture/appliance damage or wear?