If you have a 4-unit property for example, you will need more liability coverage than a single family property because you have more people coming and going and thus, more potential injuries that could occur.The best advice I can give, however, is to be diligent in your business practices and in maintaining your properties. 

A fairly common practice in MF is to refinance the entire mortgage after the value has appreciated due to some combination of NOI improvement and cap rate compression.  

And I'll be putting all my beans in the same basket, practically. 

I've focused on Expired Listings because being an agent (although not really practicing full-time) I would like the advantage of listing them maybe if all fails!

I took the agent practice test and passed by a lot (essentially was questions from my first year property course) so I plan on taking that test next week.  

The rent from a roommate plus the other half covers the mortgage payment, making my cost of living cheap, while I get to learn about the market, practice making improvements to the property, and get experience managing tenants.  

i know this sounds pathetic but I need to get out there.I've done a ton of busy work and i do not believe i can get any more prepared to start than where i am now.I've been to webinairs and find myself answering other people questions.I've listen to countless you tube how to videos and find myself hear the same thing. even saying what they were going to say before they said it. i got yellow templates saved, i got seller scripts saved, i many different business card designs saved, i have a web site designed saved. the list goes on and on.What i need to do is start picking up the phone and make some phone calls.to like: calling realtors and get to know the hot spot marketsgo to a reia meeting instead of keeping track of when they are.network with others in my areastart looking for real property (not sample property to practice on) and runing the numbersdirect mailgetting on that phone.it's just frustrating and i have no one to be frustrated at but myself.has anyone gone through this phase?

Our most recent purchase is actually in Barrie since we're practically priced out of the central market.

Are some areas of practice more in need of an LLC than others?

 :)http://www.bouldercounty.org/property/info/pages/treaschangeaddress.aspx No, I've never represented an AP client as that's not my field of practice.