Read this article to determine if an LLC or an Umbrella Policy affords you the best liability protection:https://www.apartments.com/ren...From a commercial lending perspective, the financial performance of the properties will be more meaningful than the LLC itself. 

Just keep it in your name and get an umbrella insurance policy.

There are homeowners', renter's, and even umbrella policies.

The better solution is to get a good umbrella policy.

I will also be looking into some umbrella insurance plans as well to supplement. 

Please remember LLC would not prevent lawsuits but only limits the amount of damage from a lawsuit to any property(s) covered in the LLC and not affect your other investments and home.In some cases, an LLC may deter greedy lawyers/plaintiffs in going though with a lawsuit if not much equity is in the home and only a limited award can be had suing the LLC.However, for beginning real estate investors with less than 5-10 properties with very little equity, good insurance (both property insurance) and personal insurance (umbrella) is a better way to go.Why?  

Agent is saying that they can quote a personal umbrella policy that will cover liabilities for all my rentals. 

I was under the impression that a DBA is structured under an LLC, not as an umbrella company. 

3- Would you recommend going this route, or would it be smarter to hold the SFH in my name and get an umbrella policy instead of the LLC?

Important thing is to remember to only insure contents and if it is a condo or townhouse make sure you know exactly what is covered under the HOA's policy because I have seen them start to get a little technical over the years, but insurance companies are famous for that  (usually the shell) and then if property is personally held in your name to have an umbrella policy and the person who carries you homeowners might have a solution but I have 7 rental properties in Duval county and I use same guy who I have found over the years to be reasonable.