And the guaranteed bit is key too ... sufficient margin of safety must be maintained on the non-risk-free alternatives or else when bad stuff happens in the market then really bad stuff will happen to you as an investor if you lever to the hilt without any margin for error.

No LLC but looking to get extra liability insurance on my own home policy as well as a renters policy on the home to cover my six.

I think many people voted for change rather than approving of proposed policies.

We both opted to carry big umbrella insurance policies in lieu of that.

However it would be up the the individual lending institutions policy on whether or not they will require 25% or not, is that correct?

are you referring to the lender's title policy or actual homeowners insurance?

When clients ask questions about quality of schools, local demographics, and neighborhood safety, I refer them to reliable third-party public information sources rather than give my own judgment or opinion.

Hi Kevin,Personally, if you are just starting up and don't have sizable assets to protect, an umbrella policy would suffice.

You can breath a little bit since you have a safety cushion under your butt.It can be done into 3-5 years but you probably wont be able to be casual about it.  

Obviously I'm in Calif, but I've found Farmers to provide a good Landlord Policy and a reasonable rate - - it comes WITH liability insurance.