Went through the LLC battle in my head several hundred times, and ultimately landed on an umbrella insurance policy as the band aid to hold over my liability anxiety.  

Should we just keep everything under our names and get an umbrella policy instead?

There are also umbrella insurances as well.

We are thinking of starting an umbrella company that owns LLCs that house 2-3 flips at a time.

- fast account creation for LLC/EIN accounts- creative financing options - robust online banking tools- friendly- cheap wire transfersSame question, but for umbrella REI/renter’s insurance providers.

Best banks for long distance passive investors seeking umbrella REI/renter’s insurance for multiple SFR buy and hold properties?

Consider average cost houses in that area are selling, taxes on the house, closing costs, maintenance costs, umbrella insurance costs...

Consider average cost houses in that area are selling, taxes on the house, closing costs, maintenance costs, umbrella insurance costs...

Let me count the ways:1) Licensing and Entity Set Up2) Establishing Proper Bank Accounts3) Creating a Phone System 4) Having no PM education or experience5) Accounting6) Marketing - Of themselves and the homes they manage7) Application handling with screening8) Lease execution - minimal understanding of how to fill in a lease9) Tenant laws and regulations10) Tenant relations11) Maintenance (I should say that 5 times)12) Make Ready issues13) Security Deposit Itemizations (the most expensive failure you can quantify)14) Failing to seek advice or education 15) Service Animals16) Fair HousingI could go on, but one of the biggest and would considered the "umbrella".....is not providing a quality service to their owners and tenants. 

A blanket mortgage is used to finance the purchase of multiple parcels of real estate simultaneously under the umbrella of a single mortgage.