(though that did not include an umbrella policy, which might be another $100-150/year) @Ross Leavitt I've seen these units rented by the bedroom or by the whole.

I would do more research on the umbrella policies and "piercing the veil" of the LLC. 

You have an Umbrella LLC and a Clone LLC, for each Investment Property.

If your entire portfolio consists of 1 rental condo, unless you have millions of dollars in other assets elsewhere you are trying to protect, then a LLC is probably overkill ... you could likely achieve sufficient protection for much less money and hassle by purchasing an additional umbrella insurance policy.

I have an LLC and an umbrella insurance policy.

You can leave it under your name, but just get a large umbrella policy to cover your liability for both houses.Also, do you understand the many in and outs of setting up the LLC and maintaining it? 

But, do buy an Umbrella Liability.. for $1MM it costs barely $200/year.LL is expensive and definitely worth it but if you go over the number and are considered "commercial" from the insurer's perspective.

Now I am running into the issue of trying to find the best insurer for the property during rehab and afterwards when rented (preferably an umbrella policy).

I have cash reserves, lines of credit and an $1M umbrella policy to protect me from liability for the time being until I have more equity built up.

I'd also like to add an umbrella policy over each property.