- Aside from the following: Condo fee, tax, home owners insurance, hurricane insurance (is this in addition to home owners insurance)?

For additional information about this particular type of pipe and/or to learn more about the lawsuit, there is a website available at: http://www.kitecsettlement.com/faq.cfm.

Also, don't use a previous password you have used for other sites. 

In this case the city is saying these units are not habitable but also stating that when they are habitable the existing tenants get the unit at their existing rent.In addition if the lawyer is correct, I believe he is incorrect, the LL must also pay for the hotel stay of the tenants during the rehab. 

During the first year, I utilized a house-hacking strategy, renting out bedrooms while living on-site.

As long as your insurance company is good with it, I think it's an excellent addition. 

In my state if the issue persisted more than 14 days the tenant would have the option to break the lease at no additional cost.

in my opinion, unless you purchase 1000 unit, these kind of analysis is only giving additional stress.

Digging down is not really an option for me because of additional cost.

I'm closing on my first LLC soon and while shopping for insurance, every agency I spoke to is willing to issue a policy in my name (single member LLC) with the LLC as additional insured.