I've finally got my desired niche picked as multi-family units and methods I want to use (thanks bigger pockets podcast for all the ideas) and ready to set sail and this real estate adventure. 

Insurance payout if there was an accident on the property, umbrella policy would pay beyond what primary insurance didn't pay.Take care of your property and your tenant and it is unlikely that you would be sued.I have heard that people move the deed into an LLC all the time as the property is still secured by the mortgage that you signed.

Your problem is that you may have trouble securing traditional financing because of your debt.

Or just go with the SFH method and rent out rooms if you don't mind roommates. 

I can tell you from hundreds of my clients perspective.they don't want to have the burden and work that goes into being a landlord.. they want mail box money and more passive investment that is secured by the same asset that a landlord owns.. there is a reason those banks have those big shinny buildings.. its massively profitable and done right less risk in many cases of being a landlord or at least let me say a ton less work.. your not dealing with the day to day.. even if you have PM you have to manage them.My note buyers are almost all experienced landlords and as their days of landlord burn out come to fruition they switch to being the bank.. keep in mind unless the house is sold for cash.. everyone buying a rental has two steps  equity and debt  IE their equity and the bank or  lenders debt.Along with shorter term holds.. and if done right no cash calls.

I am having a little bit of trouble refinancing a property I own and hoping someone has run into this before.I invested in an over/under duplex 2 years ago and did the BRRRR method.

The method I mentioned will work.

Then you have the entire thing of finding a place to live and if you don't have good credit now you have security deposits for everything. 

Hi,My name is Anthony (Tony) Crews and like the majority I blindly took the blue pill attracted by the security, safety, and happiness it was to provide.

I'm just leery about giving out my social security to this company.