Advice on if forming LLC for STR is necessary

[Mario Malpelli]

Hi, have an accepted offer on a STR in which we'd form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect

[John Underwood]

You do not need an LLC for one property that has a mortgage on it.

The mortgage is a layer of protection,  then insurance,  you can add an umbrella policy for a 3rd layer.

Just maintain your property and you shouldn't have anyone one suing you in the first place.