Maybe it will be a little different for you in Texas.As for the insurance, you might want to get general liability insurance (if you have a business), and/or personal umbrella insurance.

My attorney actually advised against forming an LLC, and just recommended having a good umbrella liability insurance policy.

To protect our personal assets we plan on getting insurance on the property, along with an umbrella insurance policy for liability purposes.

And that I should be looking into Umbrella Insurance.

All you really need is an Umbrella Insurance Policy that you are comfortable with.

Hello BP- I am getting started outside of Pittsburgh, PA and currently looking for an insurance broker for umbrella policy's on 2-4 unit rentals and a great CPA who also invest in real estate.The property will most likely be in Westmoreland County in/around Greensburg, Irwin, Youngwood, Murrysville, or Delmont.

Every state I know of allows minor changes to the contract and I think your change would fall under that umbrella.

I also have a personal umbrella policy.

Probably an umbrella policy to cover yourself and employee (don't forget their car insurance has to be up to snuff if they're driving as part of their work for you). • Have a super clear "this is what I expect in this job" outline.

Your umbrella policy won't cover it either.I have too much to lose to take that kind of risk - and anybody with investment property is likely in the same situation.