But the effects of the ocean breeze combined with possibly too many of those drinks with umbrellas make my eyes tired and heavy, so I must put the books aside to rest up for the next book.

You can increase the liability coverage on your regular homeowners insurance and also get a supplemental 'umbrella' policy, with can increase the liability limits further.

I guess it all falls back to the golden rule of maximizing your umbrella liability policy as your primary safety net.

For those of you that have opted to not carry full insurance, have you opted for renters coverage (theft, injury) or umbrella policy only (liability). 

We maintain a one million dollar umbrella policy.

Insurance for each house and then some sort of umbrella policy should be enough.

I've never missed a mortgage, and have happy renters in all units, but I agonize over the lack of pristine account books, and not knowing if they are better off in an umbrella policy and land trusts, or if rather organized as an LLC. 

Direct mail is an umbrella term for a set of services that include the definition of your target markets, your messages for each target (absentee, owner with equity, etc.), the graphic design (appearance) of your marketing piece (card, letter. etc.), the procurement of your mailing list(s), the printing of your pieces, the addressing & postage, and mailing.No wonder you want to take a long nap if you try to do all that yourself!

Read through them before you waste money establishing LLC as I did that back in 2008 as that was the better way previously, but then everything got screwy and no one would lend to a new LLC , then found out couldn't transfer property we bought to the LLC, anyway, without due-on-sale issues and pass-through liability, anyway, so we actually got rid of the LLC and just got higher coverage and an umbrella policy and not happy that we wasted the money on the lawyer who didn't tell us all this until after he established the LLC.

My CPA says an umbrella policy would suffice and to keep the properties as is.