Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Our daily pace report, which compares booked revenues to-date versus a year ago, shows the following:September +19.4%October +17.8%November +19.1%That doesn't mean this is where we end up for these months, just that more vacationers are planning ahead for stays, versus one year ago.  

That's where the deals are!

Currently we are renting in a city of Orange Co California, where the rent and property prices are higher, however we need to live here due to staying within the school district for my son for at least the next 4 years.Recently we sold some property overseas and have approximately USD $400K in cash.

You're going to give very low income People 30 to 60 days to come up with the money Yeah and Where are these people going to get this money- robbing liquor stores.

Where is your home located in Wilmington? 

I'm in Phoenix, where it's brutally hot in summer and a lot of houses have pools. 

Based on where I'm at in the process of being under contract with my 4 unit and 5 unit, I will purchase in my name, but transition to an LLC after, knowing my loan will not be "called."  

Can't really argue, places like Indianapolis, Columbus, Dayton, even Chicago (despite the higher Illinois taxes and…all the fun that comes along with Chicago) can pencil if you find the right property.On a different front, though, I ran a survey a week ago asking where people are looking to invest this year.

Depending on where our life goes in the next three years will decide if we need to move or use our home as a rental property thereafter.