It seems to me that we cannot make the client add coverage to the renters insurance policy since that would be an extra free and not be allowed by law.

My most recent "intel" is that it extends eviction moratorium 1 more year and for those who accept the payment "supplements" there will be catches such as relinquishing ability for financial litigation which has been our sole recourse vehicle. 

That means there's a 1% chance of of you ever losing a personal injury claim . . . if one is ever filed against you.Insurance companies know the odds and will ensure you have enough coverage. 

This is the basics of a DSCR (Debt Service Coverage Ratio) loan.  

Hello,I have 6 properties under one of my LLCs, all of them insured with DP1 policies including $300K liability coverage.

This might cut my income in half, but at that point in time I will have enough cash flow to supplement our lifestyle and expenses.

One in particular is called a DSCR (Debt Service Coverage Ratio) loan.  

In my case I had sewage backup coverage so it was not a big deal.3> Other lesson learnt is insurance agent are suppose to open a claim if you call and inform them.

DSCR is an acronym that stands for Debt Service Coverage Ratio and those loans require no income verification (no tax returns, paystubs, W2's etc...) and the rate is based off the guarantor's credit and the lease amount.I don't think you need to be prepared for longer holding costs with a multi family if the renovations are all done at the same time. 

Does this provide the right level of coverage / protection?