Why ask: Get clarity on the full cost of the program, any additional fees, and what’s included.

Some carriers won't allow insured to be a trust, so in that case do it in your company name with trust as additional insured.

An LLC is potentially one minor factor that might contribute to the evidence that you are running your rental activity as a trade or business, but it's definitely not required that you have an LLC to qualify.

Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.

Additionally, my husband lived there for six years, and the city feels like a second home to me.

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

Because of the additional income I am producing through the consulting business, I am afforded the opportunity to invest money in real estate.  

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

I could be wrong due to glancing and it is only noted here as some investors may evaluate deals with that as a factor.