Umbrella insurance provides substantial liability protection at a lower cost and avoids the administrative complexities of managing an LLC.

Quote from @Paul Azad: Hi Brian, are you concerned about the new deportation policies by the new administration?

Hear your Buffett comment loud and clear and current administration is already making waves.Thinking out loud - cashing out the brokerage account seems like it should be an all or nothing move, to maximize the reward from going all in on RE for FI. 

Hi Pat, I would suggest seeking work through a Brokerage as an administrative assistant. 

I am passionate about helping investors build life-changing wealth through scalable portfolios.Background:Currently pursuing a Doctorate in Business Administration, I is fluent in Spanish and have spent a decade in nonprofit work and overseas missions.

What's the best way to navigate this situation regarding the application process as well as the lease administration?

The 7 day period is likely just a rule that they have for administrative convenience.

Offer to help with lead generation, driving for dollars, cold calling, or even administrative tasks.

For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.

i'm currently trying to automate and/or streamline as much administration as possible in effort to get better organized.