Focus on the b hábito and your policy not the person or their attributes.

On the third month, I filed the 3-day Notice but also sent him a copy of his lease agreement with highlighted clauses and a summary of our payment policy.

In the real world we all must live in, it just is not a "best and safest" policy for a tenant to know where you reside. 

Most auto policies include a defense obligation that means If there is a possibility that the auto policy covers the loss, the insurer is likely obligated to hire a lawyer to defend your friend against any suit, and/or settle it within the policy limits.

fair enough @Ray Harrell, I've never had a non paying tenant so I am not sure what my PMs policy was in that instance.

This sounds like more like their own institutional lending policy versus actual reality/regulation.

I have a four duplexes in Baltimore, and I am not sure which strategy is best for liability protection: 1) create an LLC, but transfer taxes are pretty prohibities, 2) have an umbrella policy ($1M?

If a prospective tenant is late (or extremely early) for the showing or open house, wants to pay the rent/security deposit/pet fee in installments, begs me to reconsider my no-pet policy, etc.

In addition, I had to take out a separate commercial liability policy as well.I'm starting to check around and it's looking like approximately $8,000 investment to upgrade to 100amp in order to "save" $1500/ year in insurance.

So I got specific and asked him, "Do you like his Foreign Policy ideas?"