By “properly” I mean the debt coverage ratio must be 1.20 or higher with 100% financing.The debt coverage ratio is the net operating income (yearly income – yearly expenses) divided by the mortgage payment, also known as “debt service”.

The limits and coverage should be similar to your current homeowners. 

Alteration of the insured building rendering it ineligible for coverage. 

Overall can be used as a supplement but not as the only option.

Decided to go the “Off Market” deals route to supplement our search for a multifamily in New Jersey.

. $3000/mo versus $2500/mo), is it worth renting it to the short-term rental manager (I assume that increase of insurance premium and additional $1M-$3M liability coverage cost no more than $150 more per month)Also I see Airbnb has $1M liability coverage that "generally applies first regardless of other insurance policies you may have". https://www.airbnb.com/help/ar...Host Protection Insurance is a liability insurance program.

I'm wondering if I should structure my incoming angel investments as loans, partners/cosigners, or something I'm not considering.My plan is to pay back different %'s on their initial investment depending on how much coverage I provide them.

You could go with a no income verification loan if you're not going to live in the property and they'll use a comparable rental analysis for DSCR (debt service coverage ratio).You can use a combination of these suggestions above depending on your cash situation, how it gets titled and most importantly occupancy.All the bestStephanie 

What this means is putting a property in the LLC may require you to carry high liability coverage on the property itself in the LLC and in your own name personally.

That’s exactly how I started and now I’m considering holding it as a retirement supplement. 10 more years it we’ll be paid off and cash for 1400+ month