CGL coverage will cover property damage, personal injury and  bodily injury but not many other issues that often arise, particularly during construction. 

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Personally, I would look at the equity and would let that be my deciding factor.

@Jake Mercer would be a good person to reach out to and so would be @Fakaradin Floyd.

Anyway, just something to think about.At the end of the day you are personally responsible for the success or failure of your business so you need to decide how you want to run it.

A couple moved in 3 months back, they had some personal issues and apparently have moved out without informing.

Easier if you just do one person. 

A good Personal Trainer can help a lot.

In person, phone, email.

Depending how much you earn you and how much extra time you have available you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.