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.

I’m unable to invest in areas familiar to me as I’m priced out of suburban NJ where I was born and raised.I’m looking to spend $150-$180K on a condo and will need to research viable areas.

If you know of anyone that would be an ideal fit for this role, please encourage them to apply.We're looking at designing a mobile experience that will, in the long run, offer:1) Networking and Community features as powerful as Reddit or LinkedIn2) Educational/News features as powerful as the WSJ or NYT applications3) Market and Deal Finding Capabilities as powerful as Redfin, Zillow, or Realtor.com4) Portfolio Analysis, Property Management, and Wealth Management capabilities.If you have any additional suggestions or features that you'd love to see in our next mobile app, please post here, or message me directly.

Quote from @Conte Cuttino: Makes sense @Andrew Freed so say if we I can make it additional legal space, do you think the 107K left in the property for the return is worth it or should I sale and move on? 

Additionally, regarding the legal structure, an LLC seems to be the most suitable option for our situation.

Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.

I could buy a LOT of umbrella (additional liability) insurance for $13,000.

They're not bad people, and they do want to spend their time with loyal clients. 

With hopes to build two additional cabins in the future.

The only additional thing we do is send them to collections.