Overall, I'd say appraisal gap coverage is the most common situation I see with winning offers these days. 

The reason to have Workers Comp. for a GC, is to have coverage if something happens to the coverage of the subs below them.  

No Less Than $2,000,000 Aggregate coverage. 

I am purchasing my first short term rental property and am wondering if $500k in personal liability coverage will be enough or if I should go up to $1M?

I suggest talking to a few insurance brokers to see what type of coverage is offered and compare rates.

We would be looking for coverage of at least 1.2x.

Thank you @Dave SkowBeyond the SAFE MLO exam ... what recommendation can you offer for supplemental training? 

Probably all brokerages have plenty of online training, but that probably should be the supplement, not the primary type of training for new agents.Three questions I suggest you ask any brokerage is #1 to see the training room. 

Also the better the  credit score and coverage ratio the better the rate and LTV.

Hello,My umbrella policy was increased to over 1000 bucks for the year for 10 rentals for a 1M policy coverage.