Ultimately, that will be your safety net when the rainy day events occur.

Safety and comfort is big on everyone's list.  

So, I would really appreciate feedback: Your thoughts on first timer going duplex over four plex in terms of landlording, financial stability (savings/income) suggested to ensure safety net.  

Home Depot, for example, has a very liberal return policy. 

.- Since he said this was the expenses for last year assume 0 vacancy and no repairs made during that year.STILL seems hard to get to, as $768 could easily be just an insurance policy for a non-owner occupied SF house.  

taxes and legal protection 2 separate things. the judge will ask : well show me that your LLC is not your alter ego but a legal entity separate from you.ok here it is : separate bank account, all properties are deeded under LLC, utilities under LLC, all contractor checks written on LLC, ADT set up under LLC, insurance policies under LLC. never comingled any personal funds with those that belong to your LLC etc etc..I simply acted as a manager of my LLC. so worst come to worst ...all your assets under your name should not be exposed of course, you personally will be named in any lawsuit that involved your LLC ...keeping your record straight will help judge to decide if indeed your LLC is a separate entityI have to run this by my CPA--> not sure CPA would risk his license explaining anything...this job belongs to asset protection/planning attorney. 

Title insurance is an insurance policy guarantying ownership and disclosure of all liens or interests. 

If it's not tempered, it poses a safety issue and won't pass inspection.

From a legal standpoint, please check into whether or not your insurance policy would cover her, in case she were to get injured. 

You can go to your local insurance agent and buy an umbrella policy fairly cheap that will cover you until you get a portfolio large enough to warrant the protection of the LLC.