Your HOI needs to be able to insure the LLC, not additional insured(some carriers do this), and I recommend getting commercial umbrella insurance for your LLC especially as you get more and more properties.Also, personal umbrella insurance coverage for yourself.

Many lenders will charge additional rate increase if loan is under $150K.

Another thing you can do when you receive one of these texts is immediately report them as spam to your cellular carrier. 

Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.

I would have them correct the situation at no additional cost due to their lack of due diligence. 

In a buyout I am receiving two cash flowing properties that are with section 8 tenants- currently cash flowing around 20K a year.They are worth about 200K total. 

I only received verbal information on annual income and credit score of the tenant.

In addition to this, I've also invested in pre-construction condos in the Miami area.

Oh, and if you're living in the duplex yourself there are additional considerations like 121 exclusion and home-office expenses and depreciation. 

Additionally, I aspire to continue investing in properties post-retirement, as I find great enjoyment in this endeavor.In 2009 and 2011, I acquired four properties in Southern California.