There are a lot of great options out there; aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time). 

Sort of a parable about how to think about money.The 4 Hour Workweek—some nonsense, but also some good strategies for being efficient with your time.The Millionaire Real Estate Investor—really comprehensive look at the path to building wealth in real estate.

Does anyone have any recommendations for an insurance company that will offer any type of coverage for my insurable interest in an occupied single family home purchased at a tax sale in Pennsylvania?  

It is pretty expensive, but it had the best coverage IMHO.Others use Foremost and are happy.

You will have better coverage and it's cheaper until you get to well over $100,000 in equity that you are protecting and you will  then understand better how to run an LLC.

Given usual higher deductibles for hail and reduction in coverage for age of roof, insurance likely wouldn't be paying the bulk of the work, anyway. 

Quality insurance coverage is necessary now and with the LLC.Your lender is referring to your maximum allowable mortgages backed by fannie / freddie.

I'm looking for some advice from the seasoned investors and insurance experts.I've got a quote that actually beat my pro forma, however just like anything they are now offering the "add-ons" and upgraded coverages (service line coverage and equipment break down coverage to be specific).So my question is, where do you draw the line between coverage's that can save your butt if something were to go wrong, and where can you save a dollar here and there and rely on your Maint/Capex/cash reserves to cover the unforseen issues in owning a rental.Also if anyone is so inclined, if any, what are THE additional coverage's to get when insuring a rental?

@Vanesa Gonzalez - a $1M/$2M General Liability policy, with some form of a medical payment coverage provision, is somewhat a standard insurance policy for most businesses, and generally fairly inexpensive.

Hi all,I know Geico Umbrella policies have been discussed in numerous posts in these forums previously with regard to multi-families, and it always seemed that the consensus was that they provide decent coverage and potentially asset protection for landlords for up to 4 multifamily properties.