I wasn't required to have higher liability coverage and I didn't choose to do so but something to talk with an insurance broker about!

Huckleberry wine is made locally.In the end, I think the liability is too great.

Nearly everyone who tells you they're going to do a bunch of deals and therefore deserve a discount before they've ever closed anything, is simply full of ****.Flippers we actually charge more money than our going rate, because of the increased workload, and the liability.

I have had several of my short-term owners go to a self-insure model (i.e. they only get liability insurance on paid for properties) in recent years.

The issue was that the management would not properly manage and there was liability involved.

I'm ok with that but concerned about liability.  

Ceiling fans need to be secured differently than a basic ceiling to be stable and this is of course electrical work so allowing a tenant to potentially do it is a liability issue if they got injured. 2.

You should do the same.At a minimum, you want to be named as the Mortgageeon your borrower’s property and liability insurance policies.

It sounds like you're off to a great start.For your next steps, consider starting an LLC down the road for liability protection, but it's not a must right away.

My siblings and I are building a home in North Port, FL.Here are the numbers:Finished Home Value: $412KishLand Cost: $19,750.39Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!