That said, if I switch to a purely commerical policy, will they let both LLC named properties and personal named properties into the same umbrella? 

My friend can be in and out of the houses in 4-5 weeks and even if I make less per house I will make more per year due to vol.If you're purely a money partner, why don't you loan him the money and keep a first-lien position on the property as a lender?  

Unless it was just a totally pure labor job, I would not post an ad asking for bids on certain type of work.

Well played :)Also, dismissing appreciation as pure speculation is willful ignorance.

I agree with all of your points, but to be more specific do you see an issue with using your name if you are trying to be a purely passive investor? 

I expect to continue purchasing SFR in Indianapolis, but this weekend was considering the tangent of investing for appreciation.Let's assume that investing for appreciation is pure gambling, but the good news is that the dice are rigged.

Some (not all) of it can be fun.But if I'm ever trying to make this purely an investment, what should I do?

Like a previous poster said, the pure math will typically point towards paying the minimum on the loans...but how we feel about it can impact everything. 

>>It will be based purely on the numbers.

In contrast an online or out of area HML may base their fund decision purely on numbers and have to concept of the market you're in.