BernardAt least you have some equity that gives you a safety cushion. 

The insurance policy is current on my name. 

All FIBI meetings support a NO SELLING policy, allowing investors--whether seasoned or beginner--to be free about sharing their real estate passions without sales pitches.Each Pasadena Real Estate FIBI meeting includes organized networking intended to identify areas of interest and possible opportunity, industry experts presenting information and experience on a variety of relevant real estate topics, and open networking sessions to enhance the value of coming together to learn.

Any specific advise on how to find, evaluate, negotiate, and select a landlord insurance policy would be greatly appreciated!

It’s not called short term insurance and it is usually written on a personal policy, not a commercial policy.

Isn’t it better to invest in safety than to wait for a lawsuit?

Honesty is the best policy (go figure, it's only something that we've all heard since we were in third grade or younger lol. 

Most importantly health and safety to all. 

If the owner does not, then just buy a spare of each size and replace them as needed.If you are having one that goes out all the time, you may have an electrical problem, and FOR YOUR OWN SAFETY tell the owner about it NOW (so you don't burn to death in an electrical fire).Good Luck! 

This is also highly dependent on unit conditions but we figured this could provide at least a starting safety net.Utilities: All utilities are paid by the tenants.