Well guess what he is suing the landlord as a personal injury claim for $25 million. https://katu.com/news/local/washington-county-deputy-charles...There is an inverse relationship between how high or low an area cashflows year 1 vs how high it will grow its cashflow/total return in the future.

You might need to consider additional coverage, such as landlord insurance, which can offer protection for property damage caused by tenants, liability for tenant injuries, and loss of rental income.

It is possible that the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

If tenant complains about something and you do not fix it in time and there is an injury - you will be sued personally as you (human) did not fix it.

And hurricane Helene only added insult to injury, meaning many people still think we're partially closed or that what was once wonderful has now been ruined (both of which aren't the case).

And in general, NOI Margins have compressed , and 7% interest rates add insult to injury .But!

It can protect you from significant claims and lawsuits, providing coverage for injuries, property damage, and certain lawsuits.  

B&P code 7159Handymen operate without liability insurance, workers comp, don't pay taxes and undermine the economy between $60-$120 b per year.While an unlicensed handyman will bear punitive repercussions for illegally contracting, homeowners may be liable for injuries incurred,  taxes, permitting & inspections.Thanks Alan, finally someone who knows about this code.

It seems that you're already aware that CA doesn't recognize series LLCs so that having multiple LLCs while being a CA resident can be costly.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Safety first, liability second.Since there was an injury (even minor), treat it seriously and document everything.