I need insurance coverage for a 5 unit apartment building in Winston Salem, NC 27105 

Along with the Trade Desk, we offer a comprehensive free online course (How to Invest in Mortgage Notes), a regularly scheduled live industry show on YouTube (29+ hours of free video content) and a private Mastermind group (35+ members with a combined AUM of $100MM+).FIXnotes business model consists of distressed debt consulting & portfolio management (250 NPL total active portfolio max) but so far in 2021 much more of my time is focused on creating value in the Mortgage Note Mastermind.

Determining the proper coverage sometimes can be tricky.  

Put them in the same LLC name your rental property is in.I could see a homeowners policy denying coverage to a a property that is found out to be a rental property.

Lenders like to see a debt coverage ratio (DCR) of 1.1 or greater, which means that you have a 10% cushion on covering mortgage payments (https://www.rentalsoftware.com...)

Also, I understand a lot of people probably prefer audio books so if you have a preferred comprehension method for that type of "reading" I would love to hear that as well!

Any income gets passed thru to the members according to the operating agreement.If you want a loan:1) The property needs to qual for appraisal and debt coverage (does it earn enough to pay the mort)2) Whoever is on the loan needs to sign personally with (in OR) a trust deed recorded against the property.I don't think a LLC changes financing, but talk to a mortgage broker.Also, hire an atty to draft the operating agreement since friends change once money gets passed out.  

I recently found coverage for client who is purchasing in a flood zone. 

So far I have been impressed with their coverage, prices, and responsiveness.

You may want to specify limits of coverage ($1,000,000 for Liability coverage for example).