Many Americans have zero financial  literacy and are irresponsible with debt.  

Adding an umbrella to cover possibilities that exceed your STR insurance policy is important as well.If you have 5 or more STRs or properties, then I can see setting up a series LLC with a primary LLC and each property in it's own child LLC.

I was recently referred to First American Exchange Company by an attorney I trust.I'm happy to share the contact info, if you reach out (see my BP profile for how).

Don't believe me, oh-man, just wait until you have REAL Landlord problems, like evicting a tenant because there meth-fueled adult-child moved in and is rapidly destroying the place, only to get it all done over months and receive back a human-feces painted home, copper stripped, destroyed everything......

Hi Samir,I have lived in Albuquerque since I was a child in 1979.

I have been in Business for 2 years and I am doing wholesaling 1 deal a month consistently I have an American Cold caller who calls 20 hours a week for me and I call myself for about 10-15 hours a week.

Right now, you're basically trying to select a college for your future child before the child is even conceived.

Note: you can Never hire a parent, sibling, child,grand child or yourself to work on the property and none of these people can live in the property.    5.

@Alex Jacob  my properties are under an LLC and insured as such with Westminster American.

For my business, I like both the Chase Ink and American Express Business Blue.