@Jarrod OchsenbeinYou are correct that if property has equity coverage you would get paid off in a foreclosureJust realize what is loan for, if it’s fix and flip the property may not be fully renovated which add riskIt comes down to underwriting the borrower.

Obtaining an adequate amount of liability coverage should cover liability concerns. 

Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

An umbrella insurance policy can offer cost-effective liability coverage as you scale, but they rarely payout.

The only issue is the DSCR (debt service coverage ratio), correct? 

For a comprehensive view of the Las Vegas investment market, message me for my blog link.

I recently switched insurance carriers for two of my rental properties and about two months after coverage started, I received a letter for each property with a list of items to be remediated within 40 days or coverage would be revoked.

It might be a good time to shop the coverage with several independent agents

At the moment insurance underwriters are NOT writing coverage on anything that's not concrete.

Make sure that your LLC structure is solid, with proper insurance coverage in place, to protect your personal assets from any potential issues related to the rehab or the property itself.