There are a couple of ways you can hedge this, the first one is via an umbrella policy by your insurance company (you can get one that covers all of the assets), two the fact there is a mortgage means that you do not own the asset free and clear and have only limited equity so if some tries to sue you it may not be worth it.   

After about a year I implemented the program tenant cloud which reduced the calls to almost zero because my tenants can now pay online, sign their lease on line and submit maintenance request online.  

What can you tolerate or not?

Also, save up money; buying and renovating real estate with zero cash is nearly impossible to do. 

If using zero down finance, you have no out of pocket and you can have your tenants pay the monthly for the solar system (with a caveat that if they use excess power from the utility they are liable for that).In that scenario, you've added value to your home, your roof is an income producing asset instead of a liability and you are having that paid for by other people.

As a result, you really should get an umbrella policy in addition to the LLC to properly protect you. 

Although growing up in the urban part of LA, my tolerance for crime is a bit higher.   :-) Thanks again for your wonderful write-up and much luck on the rest of your investing journey.

Quick, watch everyone jump right on that while you put in zero effort or try to do anything to further this community

Of course I don't agree with everything in the book, but what Stanley's trying to show and say is, overall, the best strategic resource on how to live in order to help yourself get from zero to a million on your personal balance sheet that's ever been written in America.Stanley's gone, sadly, killed by a drunk driver in 2015.

Zero.