Also, if I have the properties in my name, with typically liability coverage and an umbrella policy, my assets would generally never be exposed past my coverage.

I'd find some info, but also more terms I didn't know like NOI (Net operating income) and CAP (capitalization rate) and GRM (gross rent multiplier), ROI (return on investment), ROE (return on equity), DTI (debt to income ratio), DSC (debt service coverage) and so on.

I know there are some threads on BP, but was looking for something a bit more comprehensive to learn from.

I'm still not 100% sure I've got everything down, but tried to be as comprehensive as possible.

All policies are different and what you think you have for coverage may not be necessarily so.

Wind coverage is becoming a big issue in many parts of the country.

Debt service coverage ratio (DSCR) is the ratio of cash available for debt servicing (net operating income or NOI) to the interest and principal payment.

The ability to pay is first, you'll also need 3 or 4 times the debt coverage and assets before you can obtain a loan without a personal guarantee.

With this much leverage, your Debt Coverage Ratios can potentially get very thin, and multiplying this across an entire portfolio of properties financed in such a fashion, the risk is very high that a confluence of issues with the economy/rents, large capital repairs, high vacancies, etc., can bring down the house of cards and ruin your credit for a long time.Personally, I've not wanted to put on any financing where the DCR is below 1.75 (50% of Gross Rent, minus P&I), or where the indicated monthly cash flow is less than $175/mth on SFRs.

On any insurance policy if you read the front part about what is covered and then go to the Exemption area and you will see that the coverage noted in the first part of the policy is voided by the clauses in the last part of the policy.