And when you build out a comprehensive business plan with a detailed strategy, it will very literally tell you what markets are of best fit. 

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

However, I do know that the personal liability coverage for the home (Usually between $300k and $500k) would be the sublimit that would protect you.

This provides better rate and coverage. 

I would verify you can get coverage without replacing the wiring.  

Some common things that will limit the size of your building include,  but are not limited to:1) Setbacks2) Max lot coverage 3) Zoning (in case you're thinking of building multiple units or an adu)4) Easements 5) Height restrictionsYour city's planning and development department should have info on all of the above. 

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

The lowest priced policy may be worst use of your money if the coverage level is too low (in terms of limit but also in terms of what is covered). 

My DP3 insurance company is saying that if the insurance is purchased in the LLC then there will be no liability coverage or medical payment.