Most personal insurance companies max out on rentals before 7, so if you continue to grow, you will need to incorporate a commercial policy one way or another.Lastely, It is possible your current agent does not have access to additional commercial options that could be more competitive on the pricing. 

@Lakshay Groveras a real estate agent you are in business for yourself (either incorporated or sole proprietor) so education costs can be treated as expenses; MLS access is not free you will need to be sponsored by a broker and you will have to pay annual fees to join your local realtor association, local MLS, etc.

Looking to break out of a dead end job in corporate America which is what brought me to Brandon Turners website "realestateinyourtwenties" on a random Google search for something work related one day and here I am working towards a dream.

@Jenn A.talk to @Michael Atias, he and his team are experts in corporate formation. 

Is this a must do before any investment or can we incorporate after we have raised enough capital for a buy and hold property?

The beautiful thing about that strategy is regardless of the market (ARV) if the property is purchased correctly is still works (cash flow), and being stuck in corporate america right now replacing my current income is key. 

In addition to updating fits and finishes.As millennials age we will probably see migration to the suburbs anyway, but Gen Z is right behind us to continue to rent in the more trendy areas.New construction at the higher end may have more offices incorporated into them, it's difficult to say.  

I was trying to incorporate the higher rent that I'm currently paying as renter but which wouldn't be paid if I moved into one of those units into the equation.  

I know it is safer to incorporate then to own property in your name, but how do you do it?

Less if you need to incorporate your own fee.