Let us say, if I have a 1 mil property and 900k loan outstanding, why it is not worth taking EQ insurance?

That's a firm number, not an estimate, that means that I have to be damn sure that the numbers are correct.

As we become a nation of more and more renters, the political appeal will be for rent protection, and this will be most vehement in areas where the rent is too damn high.

I'm new to the BP forum and and I must say.... this is a damn good community.  

So, if your HELOC is like those that I have, you have a "draw period" during which the monthly payment is interest only (IO) with the interest rate fluctuating based on some market index; at the end of the "draw period" the HELOC will no longer be IO - it will change to being fully amortized based on the outstanding balance left at the end of the draw period.

I am with Keller Williams Professionals here in Houston, TX and my office is outstanding. 

Yeah DTI only becomes an issue if you're on the residential loan side since portfolio lenders use mainly commercial techniques to underwrite their loans.In theory if you buy only cash flowing properties your DTI only gets lower and lower as you acquire more since each acquisition "nets," you a higher income relative to your outstanding monthly obligations.

In GA, it's $50 a year, so I could potentially dedicate one LLC for a single rental property, but I'm just doing flips in GA.CA is tough, it's just so damn expensive.  

But as the saying goes:- there are 3 types of lies: lies, damned lies, and statistics!

Have evidence of your monthly debt service and outstanding loans (cars, student, etc.).