Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

What would you consider an acceptable credit score? 

May want to consider an additional window as well as ventilation. 

Thanks Ali Boone, I was wondering if someone in this thread would even consider an "umbrella policy" vs forming an LLC. 

It’s hard for me to think someone would consider an offer at this price but I’m not in their shoes. 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Or test a much shorter pitch, "hey, would you consider an offer to buy your property at 123 main st?".

That's what I suggested you consider, an ADJUSTED measure of doing REI.     

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.