Umbrella Insurance: An umbrella insurance policy provides an extra layer of liability protection beyond the limits of your landlord insurance policy.

Use green glue between the old wall/ceiling and the new layer of drywall. 

If you are looking at more DSCR type options for a stabilized property, then you can layer in market or actual rent, taxes and insurance estimates to calculate DSCR rate.

My property will be destroyed.Again, with the extra layer of protection, it helps if your tenant does damage to the property.

@Edward Burns - While your concern has not been proven out in court, to address your concern, people that do not want to rent to these types add an extra layer of protection.

I would add an extra layer of tenant screening by calling previous landlords and their personal references.

You can use a simple guarantor note on rocket lawyer or a JV contract too.rocket layer is like a docusign but has documentation templates.

@Jack B.Check on the NIIT 3.8% if you are REPS that could be excluded but this may add other layers of complexity for other concerns with your tax planning you have a lot of fun stuff to work with.   

You'll want to look at a trust as well to get an extra layer of protection.

Just so ya know....Even the high traffic Lifeproof LVP with thr 22m ware layer that is pet proof and waterproof?