Besides, liability for you will be covered first from your policy.

. :)40 Steps to Protection 1.Number of Members 2.Management Structure 3.Registered Agent 4.Purpose Statement 5.Articles of Organization 6.Operating Agreement 7.Employer Identification Number 8.Ownership Change Documents 9.Loan Documents 10.First Organizational Meeting 11.Yearly Meetings 12.Quarterly/Special Meetings 13.Minutes 14.Business Notes 15.Proper Capitalization 16.Proper Loans 17.Company Record Book 18.Receipts and Invoices 19.Separate Bank Accounts 20.Proper Bookkeeping 21.Proper Accounting 22.Bill and Invoices 23.Reimbursements 24.Quarterly Taxes 25.Name on Contract 26.Signature 27.Arm’s Length Deals 28.Personal Representation 29.Written Documentation 30.Employee Relations 31.Unemployment Insurance 32.Workers Compensation 33.Tax Withholding 34.Business Insurance 35.Umbrella Policies 36.Buy-Sell Agreements 37.Accountants 38.Bookkeepers 39.Corporate Counsel40. .BUILD YOUR CASE TO A SAFE AND SECURE BUSINESS!

Because of the way the deal is structured we are still under the insurance policy that he had in place (his is much less than we can currently insure the structure for).The manager has offered to put the set in his backyard (he lives in the single family home) so it can be monitored easily.What advice would you give me in this situation?

That said, perhaps a blanket obnoxious odors policy in the lease would suffice without causing a discrimination issue.

I also have an umbrella policy for protection as well.

We have a longstanding policy... if we show up to consult a job, and we see other contractors waiting like what you're suggesting, we turn around and walk away.

. ($100k each in one deal)I am going to do some repair work and expect ARV to be close to $140k each.I'm reviewing my insurance policies and they are identical but I don't understand the amounts that my agent built the coverage around. 

Do you hire uninsured help to work on your properties and just rely on your own homeowner's policy for coverage?

After this occurrence, we changed our policy.  

Hopefully you vetted them in and out, know their policies for handling all the issues that will inevitably come up...maintenance, repairs, evictions, tenant lease-up, efficiency of rent collection etc.A word of caution on PMs and maintenance, repairs and small-large rehab projects.... in my experience, many PMs do not have a handle on this.