A couple of negligent occupants could cause significant damage and require repairs.

However, insurance is limited because it only protects you from one type of liability: accidents/negligence.

For clarification, are you saying that pipes that burst due to the negligence of a tenant and/or owner who doesn't winterize before turning down/off the thermostat to leave the premises are covered under your policies? 

Hopefully, by year 10 I will have paid off a significant portion if not all of the mortgage principles for the increase in interest rates to be negligible. 

Since then, I spoke to local attorneys who advised me they normally sue the actual owners personally for negligence anyway, so LLC or not does not matter. 

A tenant may not exercise remedies in this subsection if the fire or casualty damage was caused by the deliberate or negligent act or omission of the tenant, a member of his family or a person on the premises with his consent.

Asked about the issue of corporate veil and told the owners are sued normally for personal negligence, hardly ever for piercing the veil.Reason for my interest and concern is I bought a business that I placed in the LLC from an owner who had it in his S Corp, and was sued for $3 million.

Would that also work for other general messes that are clearly the result of gross negligence or malice? 

Anticipating 2 month turnaround on rehab so interest costs should be negligible, even on the higher rates associated with HELOC and improvement loan. 

Biden’s favorable position on the moratorium is almost negligible by comparison.