The plan was to use this building as a Sales Model, we would list it on the MLS for exposure but we didn't want to sell it.

for southern exposure you can look at lots in Nice. 

Installment # 8 Insurance Issues for The Real Estate Investor.LIABILITY - ContinuedThe type of policy ("commercial" or "personal") can affect whether a liability exposure is covered.As an example, the “generic” pollution exclusion found on most personal type contracts is addressed by some commercial policies to consider/cover pollution that emanates from a heating source (i.e. carbon monoxide).This is a greater benefit than you can imagine as your tenants even "alleging" that they got sick or injured can devastate you with defense costs, even if the ruling is in your favor.I have seen alleged injuries and sicknesses from pollutants in other situations and it is not pretty!

This coverage will offer defense and claims settlement for alleged or actual injury caused by CO2 emissions from a heating or air conditioning source.You can add a "personal umbrella" to cover your personal liability exposures of your home and auto, if your net worth justifies it, but you should keep any income producing assets separate from your personal liabilities.

Hopefully craigslist will give it the exposure it needs.

I also think you don't have a firm grasp on your exposure.

Maybe it is issue with the rent price or I am thinking since it is not listed on MLS, I am not getting full exposure, Monthly rent is $2100. 

Asking price: $399k.Purchase Price: $389k (concessions came off the price rather than as a closing credit that would have reduced my closing costs but saved the seller almost $1,000 in commission, excise tax and capital gains).Appraised Value $450k (appraiser verbally said $500k but limited his exposure on paper!)

:)I bought 2 fresh water, southern exposure, canal lots in Cape Coral about 6 months from the peak of the last housing bubble in 2007.

At the same time, we still have robust insurance policies in place, and even though we have just a few properties, we're already set up to scale easily without increasing our exposure.