It will cost you a little bit more to do an Open End Title or "Hold Open" title, but obviously less than paying for it twice.IF you are going to limit owner's policy, it should be on the B-C transaction, not the A-B transaction. 

In the case of sheriff sales, do your homework, be familiar with the rules and policies which may vary by county.

I recently dealt with a bank who had approved my loan request through 2 bank committees and then ordered my appraisal.

I'll have to find a RE Lawyer and see if doing it that why will give me the added protection I'm looking for, or if I just have to risk it and hope my insurance policy covers me. 

I believe flood insurance is a set amount for the coverage amount, but the normal landlord policy can vary greatly based on who you use. 

I currently have a two million dollar umbrella policy on top of rental property insurance with limits set at $500,000.  

Hello everyone,I was reading a few other posts regarding this, but I don’t think anyone really put it in layman’s terms.I assume that the point of ensuring that your contractors have GL and workman’s insurance is because if they get hurt on the job, they are less likely to sue you because they have insurance to lean on.What is the true benefit of being added on to the policy?

Ask what their E&O coverage will cost you and what the policy limits are.Ask what expenses you're expected to pay for. 

I have checked with insurance before taking out a policy on both units (separate lots) and they had no exclusions for it, so I am good there.I guess my biggest dilemma right now is price point and what embellishments to make for what the return might be.We have in the are luxury condos, lakeside private acreages, lodge retreats, cabins, tiny houses (2 story trailers- if you will) ,residential like mine and campsites/tents plus the RV parks.It seems most places offer lakeview or lakeside as the drawing angle.

Smaller banks work off approval from a loan committee, so if they have a "good feeling" about you and your prospects, they may be willing to take a chance on you.