Hello,Does anyone have experience in obtaining property insurance on a property where you have acquired the non-performing loan? 

@Justin Cohen I'm not a lawyer, but if the loan is in your personal name, and the title is in an LLC, I dont believe your personal assets will be protected if things go bad.

On the other hand, if you believe that the tenant is doing the second thing (using someone else's identity to fraudulently obtain service), and the utility company won't cooperate, then there's probably not a lot you can do in that situation unless you can prove it and/or the Housing Authority has a rule about having service in the tenant's own name and they can compel the tenant to prove that they do.Lastly, it sounds like this is a problem tenant so you should start looking into your state's requirements to end the tenancy when the lease is up, and issue the proper notice of non-renewal as soon as appropriate so that she's out when the term of the lease ends.

I called a bunch of attorney yesterday, one of them suggest to great asset protection trust, anyone suggest it?

Try to avoid a new investor's mistake by going to then bank and qualify for investment loans, laying all of our assets on the line just to get the privilege of becoming a landlord.

LLC separates your business asset from a personal asset.

@John Lenhart, The only hack available for that would be if the property you are purchasing is in a single member single asset LLC. 

I would urge you to not get too caught up in the hype about investing in one particular asset type - multifamily, mobile home parks, self storage or cabins. 

I am in the process of obtaining a HELOC for 150K which will put the LTV of my primary residence at about 66%.

Do you have enough liquid assets to cover you in case something goes wrong (like an air conditioner or a bad roof)?