just having a large liability insurance and a personal umbrella policy?

If so that can work in very specific red hot markets.. however experience has dictated to me over the decades that land can take a long time to sell .. many times has to be sold on contract to move it.. or if its cash you have to have the lowest price parcel of any similar ones on the market to move it timely for cash..

Has anyone had any experience with this company? 

The Oakland deal is attractive because you will be there to work the real estate post acquisition which will give you experience that makes you a better investor and a far stronger manager of your other real estate assets. 

Look at the existing inventory in you're area, find an investor agent who has experience with house hacking, pick the best option currently on the market that fits your budget and make the offer. 

I am thinking I can get it after getting hands on experience in one big project I have.

Or if they are doing value-added multifamily, they will show you their hotel experience.

I can tell you from experience this community and the education it provides has the ability to change your life. 

It sounds like you've got a lot of experience.

I bet you're getting a lot of hands-on experience with those.Feel free to ask any questions you have about investing or share your experiences as you start your journey.