If you policy is based on Replacement Cost, the company has an estimating program that attempts to calculate the cost to rebuild from the foundation up.

If you don’t really know the market, surround yourself with people that do and start learning about cap rates in that market, vacancy rates, rental growth rates, unemployment rates, employers (job generators), governmental policies and regulations, and so on.

Keep $300,000 liability on each house and have a $1 million umbrellas policy in place over all of your property for protection.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Just make sure you landlord insurance policy has enough liability coverage.

If you transfer your rental property to an LLC, do you notify your insurance company and have it changed to a commercial policy at that point? 

This policy will provide additional coverage above what your existing policy covers.

Talk to a CPA and a civil litigation attorney after you make sure you get or confirm you have a liability umbrella insurance policy.

The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting.