@Shawn Holsapple@David FaulknerAccount ClosedThanks for the suggestions and from all the above good suggestions i found that I have looking at the deals like I got on the rentals and comparing the ROI as the same and I have been conservative and now I will try to raise my purchase price a little bit.once again thanks for your good suggestions.

HI Marc,Hang in there and be conservative.

If it is an IRA LLC, are you saying that you can control and make decisions without third party approval, paperwork, or fees?

Wholesalers (like me) who find deals/seller often partner with other wholesalers who can provide the other link in the transaction (buying party).

I can sympathize with both parties here, you as the landlord, and your tenant.

However, if you are concerned with the time it would take to fill a vacancy, you will want to move slower and raise rates more conservatively.

The numbers posted below are very conservative as are the properties finances CURRENTLY.

We don't mess around and want the best for all parties. 

Technically you don't need an insurance policy, but when you go to sell it to a 3rd party, they will want a warranty deed, owner's policy and/or lender's policy.  

. , you are fine because you contacted underwriting and hopefully received an underwriting memo underlining that they expect coverage to pay out for property and liability even if the LLC is the sole named party in the lawsuit, but as many do not have the ability to contact underwriters directly, they cannot do the same.