Something to consider: Financing, contracts, title work, insurance, bookkeeping, taxes and returns can be overwhelming even when personally making a purchase let alone in an LLC when starting out.

I talked to my agent and he is telling me:1) If it is a sewer backup - NOT covered2) If the tenant left the toilet running and it overflowed onto the carpet, then it might be covered.Has anyone dealt with insurance on anything like this?

With taxes and insurance alone, and a property manager (10% of the rent), can you still cash flow this property?

The first house the insurance company noticed the dog when looking at the house. 

She understands she will have a late fee, but I also called to confirm her insurance is current (required in the lease), and find out it was canceled months ago.

I know an insurance broker already who could assist us.

Insurance companies make money on the fear of their clients.

My last one was a looong time ago but I do remember the crazy insurance cost. 

I’ve heard about the umbrella insurance route, and putting the property under my name.

Make the option rolling with provions for them to maintain, keep insurance, and taxes up to date on house.