The document tells you everything you need to know such as the association budget, Profit and Loss, monthly fee for your unit, any special assessment as well as any restriction on leasing.

Then go with whatever saves you the most, even if that means carrying the $300 loss of income.

So, what coverage you carry should be held confidentially, telling the world what your coverage is is like holding up a sign saying sue me, "I'm good for it".Your coverage is to the types of exposure you have, the chances of loss and size of losses for different events can be very different from one area to another.

Food for thought.

Or I can sale it as is a take a small loss at 35k and be done with it.

The more risk (higher leverage) the more potential gain, or loss.

Its the badger truck that smells like food waste!

Speak to a good tax accountant your PM company charging you property owing LLC are not at "arm's length", you have a sham transaction cooking.I had to skip through to the question so might have missed something, but if you own both there's no benefit and you loss only goes to the income earned and carrying forward a bogus loss can cause issues.

Hearsay is 5-10% is pretty safe, 20+% might get you loss in court, depending on judge and circumstances.

Hopefully, my comments will give you food for thought regardless of whether you agree with me, and besides, if I'm just plain wrong headed in my thinking, I'm sure many will point that out too!