I know that landlord insurance is typically recommended with any rental property, but I'm not sure if its necessary for a live in rental like a house hack or if typical home insurance usually covers Should I get landlord insurance to protect myself or is a home insurance policy enough to protect myself from potential suites and such?

@Bob Willis not closed yet, but disclosures show $2333 origination costs ($238 points, $1500 origination fee, $595 processing)$725 appraisal, $9 flood cert, $66 tax service$1125 for closing protection letter, endorsement fee, title insurance, settlement $95 recording $391 prepaids$961 initial escrowTotal closing costs $5705

Does sitting on several hundred thousand in reserves help protect a portfolio.

I'm all for the protection that contracts provide, while at the same time, I often laugh at things that can be in there that don't make any sense. 

Unfortunately, these efforts seem to be about protecting the tenant with no regard for the landlord.

If you have money saved now, but just need the two years, it might be safest to just keep saving until you are two years and just do it all yourself and protect yourself from a bad partnership.

We’d like to sign a note and attach a lien so the investor is protected.

Before I buy another property I was thinking that it might be a smart move to put the house into a LLC to create a large amount of asset protection, I already have a umbrella policy on the house as well.

I already have ideas to protect our health and others.

Everyone will suffer a little, but we felt this was the best way to help them and protect our asset.