Hi all, Can you please private message me any referrals for lawyers in the Baltimore area that has experience and can handle bad faith insurance claim handling? 

.- The home insurance after the sale (the new owner is the "insured") should retain the name of the previous owner(payor of the bank note) on the insurance as "additional insured" so as to not set off any alarms with the bank.- Use a 3rd party loan servicing company to collect all mortgage and escrow payments and make all appropriate payments to the bank lender as well as seller finance lender.   

At lower profit levels, there're minimal or no tax benefits.If you're married, an LLC filing a partnership return may be the best option.It is acceptable to not have any business entity when you start, as long as legal liability is addressed with insurance.

I currently have an umbrella policy under State Farm.  I was wanting to get coverage also for my SDIRA properties, mobile homes, ect....  My current agent said that they would only cover 4 rentals.  She mentioned a co...

I would think you need much more knowledge before you proceed.

What are the basic component of a good insurance policy?

I estimated homeowners insurance to come back around $90/mo, and I've received two quotes back so far.

Seller contributions and promissory notes are state and investor/insurer specific. 

The house is a flip, so I'm not sure if I had any kind of insurance policy on it.

I still however have questions on insuring my property while I get it fixed up before I can move a tenant in.