I'm new to this so please bear with me.

I’ve already paid money to the new owner for all the deposits.

The LLC is the new owner of the property so a policy that is just in your name is not providing any coverage.  

Do a double closing insteadDouble closing twice within twelve months falls under the proposed new definition.

As others have said, it is often subsidized and sometimes free.Downstream from the new meter, the landlord would need to add a new main panel ($200) and switch circuits from the old panel to the new panel.

Hi Ashley, fellow New Jerseyan here.I want to address a couple of your assumptions here, especially as they pertain to the CNJ/SNJ market:1) Rentals are in huge demand everywhere in NJ.

Would there be any reason for me to not get an FHA loan and put down a bigger deposit, any benefits to that?

(i.e. have RE prices increased in the area, is there room for additional appreciation, how is the STR and LT rental market, any new housing or commercial developments?

There's still limited inventory (~1 month supply) and limited new permits.

Hi BP,I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year).