Are you taking into account the 9 acres of land and the outbuildings.

I was forced to take a deep look at all possibilities and account for them. 

Question that has stumped me...I've been mostly looking in Jefferson County, Alabama and have discovered how to cross reference the Default Tax list with the GIS so I can locate and study the property (YEA!). 

Would I be required to form a new business account and credit card? 

She created multiple fake accounts to post these reviews.

Hi Account Closed.

Account Closed.

Personally, I hold properties in an LLC (all banking is done with a separate checking account in the business name) and insure for roughly what you have in your first quote @ 100k liability and $5k medical.Not sure who you got your quote from but it seems a little high for the value of the property.  

@Phillip Denny When it comes to IRA, you can convert an IRA into self-directed IRA account or open SDIRA if you're qualified, or in some cases into solo 401k if you're qualified.

Though I would recommend talking to a local bank and accountant for there opinion on how this could work.