conventional financing and liability protection

[Damien C.]

Hi folks. I've been in touch w/ a portfolio lender, and while the terms described are in line with what I understand other in-house lenders are offering, I'm still considering conventional financing due to more favorable terms. 

For those who are using conventional financing for a few rentals--or those who have in the past used conventional financing--I'm curious about your strategy for liability/asset protection. If I opted for a conventional loan, I would not want to tempt the on-sale clause fates by moving the rental, or rentals, into an entity.

I'm curious about what protective measures other have taken. Not sure if I would need to consider a more robust insurance plan, or what.

Thanks very much.

dc