Quote from @Chas Lumley: Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can not buy the property under an LLC, but I could transfer to an LLC after acquiring. 

Quote from @Steve Tse: @Jason Taken why are you giving me a contact of a loan officer when I am looking for insurance coverage ...? 

@David Rodriguez  The only thing I would add is a two bed might do better as a two bed rather than 1 plus office.

Also you can call your local Escrow  officer and ask who she/he see's doing private loans in your market.. 

These loan officers will be important resources if you are consistently executing on the business plans behind each loan they give you.

His point on the revenue perspective is right on. 

So the gross revenue with all bedroom rented would be $795 + $795 + $895 + $995 + $995 + $1095 = $5570 a month.

I have a ton more to learn and am mostly just here to share your concerns, but after reading a lot of articles I'm shying away from expanding into this territory while he's in office. 

@Jeremy C.I looked at their (JLL's) website and see that they have a history dating back to 1783 in London England and have offices in DE, MS, DC, & VA.

OpenPhone has been a great tool for communicating with property owners, vendors, and generic main office phone calls.