I'm reviewing my rental property insurance after having gone through issues with the first ever claim on my current policy, which we're finding out has poor claims service and lacks ordinance or law coverage.

Consider options like Bank Statement Loans, Debt Service Coverage Ratio (DSCR) Loans, and co-signing.

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

Acquire comprehensive knowledge, and then consider moving into the niche of distressed properties.OR Consider Passive Investment: You might want to invest with established, publicly-traded REITs specializing in distressed properties.To all the aspiring women out there, your aspirations are valid, and your dreams matter.

Buildium offers comprehensive property management and accounting features, so many users find it sufficient to replace QuickBooks.

The purpose of the CPL is to expand coverage beyond the commitment/policy and beyond the title insurer itself to others involved in the process (title agents)... your scenario.Quick search -- https://houston.fntic.com/getattachment/6efdc91c-3146-46bc-a...I was saying start the analysis there as that would seem be the simplest route to recovery.

After purchase, you can do a cash-out refi of 75% of the appraised value to free up your cash again, and repeat.There's also DSCR (debt service coverage ratio) loans.

If you have a 12-month history of the property's performance, you may be able to get some wiggle room with more local banks for it.One thing that may impact the lender's ability to lend could be the Debt Service Coverage Ratio (DSCR), but as long as the property cash flows well then that shouldn't be an issue. 

There is the possibility that the property could go to foreclosure without you knowing it.Lets say it does go to foreclosure and you thought you still had equity coverage but realize it sells out auction for $1,000 above the first lender.

Abel Hi Abel, Thanks for your comprehensive response.