And all the tenants' security deposits and all the buyers'Earnest Money Deposits don't need my asset protection, as they are not my funds, and are certainly not covered by any of our Umbrella Insurance Policies. 

Quote from @Brandon Larson: Yea, @Nathan Gesner is that legal to enroll someone in an insurance policy and then charge them for it?

.: Quote from @Gregory Schwartz: A few thoughts, - let him know you're unable to show due to your showing policy.

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

I would get the insurance in my trust name.

It also negates the need for insurance - although that isn't our MO. 

Financing, pm, insurance, downpayment, etc.

You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.

Nate @Nate Marroquin   You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns. 

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.