I don't think you need all that at this point (perhaps a good general liability umbrella policy).

He suggested a umbrella policy under my personal properties.

The risk (drowning) presented here is similar to any home that might have a pool, EXCEPT for the fact that the activity takes place in a public pond, not directly on our property, so I don't think any homeowners/umbrella insurance policy would cover it.

Does anyone have advice on how I can get an umbrella GL policy that applies to multiple business activities?

But as you build in the space, you may want to get an umbrella coverage as Touro charges 30% or more for insurance coverage.

. - Restrictions on dog breeds, - Restrictions on the numbers of properties insured with 1 company- LLC's or entities on personal policies,  - Vacant or properties to be rehabbed- Replacement or Actual Cash Value or Agreed Value, - Bundling policies for additional discounts- Umbrella policy requirements, do they allow other carriers?

If you are looking for liability coverage, I would add an umbrella policy.

I was thinking of an umbrella policy to cover upto 2M.

I've compiled a list of steps that I need to do before I find tenants, and I wanted to see if anyone could see anything missing from this list.File for a Fictitious Name with the Pennsylvnania Dept. of State Corporation Bureau, and wait for your number.Apply for an EIN with the IRS.Set up Bank Account for DBA / Rental PropertySwitch from homeowners to landlord insuranceGet an umbrella liability insurance for $1,000,000Register with PA-100 form (I'm not sure if this is needed for landlords or not...I can't figure that out)Apply for a Philadelphia Tax Account NumberApply for a Commercial Activity LicenseApply for a Business Income and Receipts Tax Account NumberGet a Registered Agent in the city limits of PhiladelphiaApply for the Philadelphia Housing Inspection LicenseReceive a Certificate of Rental Suitability issued by L&IFind a tenantDistribute a copy of the required "City of Philadelphia Partners by Good Housing" & Lead Warning pamphlets to tenantsSet up an Escrow account to hold tenant's security deposits.Collect Rent with checks made out to DBADid I miss anything??

Which means I can only acquire certain loans, at this point, if I aquire any more properties, I may start another llc and lump another 6 properties into that one, eventually I can start an umbrella llc that acts as a property management company, this type of structure has some pros and cons to it.