I have looked into "corporate" umbrella policies, but those have tended to be overly expensive in my findings.One thing you can do is require all of your tenants to purchase their own renters policy, and that will help cover most common things.And jumping ahead to an LLC, buying the property personally is going to be your best bet, since you are living there. 

Hoping our community can come together in this time.I foresee a lot of tenants will be financially impacted by the closures necessitated by COVID-19; many are hourly employees who are out of work for the foreseeable future.I think it's wise to get ahead of the problem many will face paying rent in the coming month or two (we all know how hard it is for tenants to catch up once they fall behind) and encourage them to reach out to appropriate organizations for assistance.

We’ve made our fair share of mistakes along the way, we’ve had some investments that have straight up flopped and we’ve had some, let’s call them, difficult tenants.

Our plan is to take an absolute ton of photos so people can get a good sense of the units ahead of time, cast a wide net for finding tenants, and do some prescreening up front.

Return to investors or just a straight profit split.

I typically do about 3%/yr increases, so approach 1-2 months ahead. 

I'd be so much farther ahead if I had done that.

I see a ton of posts that says I want to skip college or a real career and go straight to real estate investing....It is much  much easier to invest in real estate once you have some money. 

I'd like to get your input on the headlines I've curated from your thoughts as well as the OPPORTUNITIES that lie ahead (I'm a smiley optimist at heart):The biggest headline I see is DO NOT BUY (right now): I hate making blanket generalizations, however it seems foolish to think otherwise.

I’m obviously missing something so if anyone can set me straight or recommend some reading I’d really benefit.For instance:10 unit Asking price: 1,000,000NOI: 60k Down payment: 250kReserves:50k5.8% interest Loan:750kP&I: 52.8k