It's pretty comprehensive and simple.

For example, I can see the adverse-possession coverage being valuable in congested areas. 

@Ernest Grindle lots to tackle here so I'll do my best to be as comprehensive as possible.Paying cash is always cheaper than getting a loan.  

Thank you for that comprehensive information.

Pay the monthly premium and you have coverage.

If you own them outright you are losing money due to the  value of the   equity and the attraction to a lawsuit.Simply make sure you have plenty of insurance coverage with a umbrella and a LLC will not be of any real value.

It is going to focus on what's called the "debt service coverage ratio," which in simple terms is the amount of cushion the property generates to pay the loan.  

Its only problem is its coverage areas and not covering all Counties.

Those that do not simply have adequate insurance coverage with a umbrella.

Purchase $564,000 Per Unit Cost $188,000 Down PMT $28,200 Mortgage $2,558 Taxes/Ins/PMI $942 Monthly Debt $3,500 NOI $1,508 Net Cash Flow ($1,050) Cap Rate 3.208% Cash On Cash -3.72% Debt Coverage 0.70   Now Total Rents $2,450 Unit #1 $1,100 Unit #2 $1,350 Unit #3 $0   Future Total Rents $3,850 Unit #1 $1,400 Unit #2 $1,350 Unit #3 $1,100 Cash Flow $350 NOI $2,908 Cap Rate 6.187% Cash On Cash 1.24% Debt Coverage 1.10