You can leave it and take out an umbrella policy to protect yourself from a lawsuit.  

For someone just starting out, buying in your own name is much more simple and getting a landlord policy on the new property with $300k liability and if you want more coverage get an umbrella policy for the level you feel you need.If you have interest in the Charleston, Jacksonville or Daytona areas message me.Cheers, Buddy

But I would really like to keep things under one umbrella.

Do they provide commercial liability umbrellas on the individual properties as a part of the vacation home coverage?  

If you do have a net worth of $500k or more buy an umbrella policy to cover you. 4) I’ve never had a combination home and rental property but usually you want homeowner’s insurance for your home and a landlord policy for your tenant’s property.

Then, get umbrella policy.  

I also live in CA and have rentals in TX and AZ but I just have an umbrella policy that covers me. 

Or, a charging order could be granted.If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Have you looked into umbrella policy for insurance?

If you are concerned with having protection and not being able to hold your property in an LLC, get an umbrella insurance policy.Side note- not sure who you’re working with as your real estate agent, but @Josh Green is the go-to investor/investor focused realtor in the area that has helped many clients of mine in the past successfully house hack.