We will be doing all the work ourselves.

I want Umbrella but because I don't own any other assets in the US, the carriers in that area don't offer it.What is not clear to me is if the LLC is sued, but all they can show is a $170K asset, what else can they sue if the LLC can only give them $170K?

This applies to all real estate agents and buyers.

All your issues are pretty common. 

thank you all for your response.

I am all for it though in tourist recreation areas for sure .. 

Talk with your accommodator and make sure you know all of the rules. 

I originally lived in it, but just bought my second property and moved out, and had someone move into my room (4 bed, 3 bath, all 4 bedrooms are rented out individually). 

As a lender, I look at rate sheets and loan estimates literally all day long and for the longest time when rates were stable or declining it made little to no sense to pay points. 

Investors in Indianapolis/Central Indiana- other than money/profit (we all want to make money!)