The areas I'm looking at, the properties I'd like to buy, and the cash needed to close the deal (down payment, closing costs, rehab months + mortgage coverage before rental income comes in), tend to make all deals "bad" for me. 

If you're going the umbrella route, make sure you have $300k liability coverage on your landlord policy as most umbrella carriers will require that before offering coverage.

I got an umbrella policy for liability only for about $1700 annually and it has $1m in coverage.

We've had success insuring through Steadily as well as Obie and a few others that allow portfolio type coverage. 

Less safe ------> more safeLLCs: None --> Mutliple homes in one LLC --> Individual LLC per homeInsurance: Low limit --> high limit --> umbrella coverage

Many times they’ll accept agreed value or proof of 100% replacement cost coverage. 

I have also been in the federal sector for nearly 15 years and am now wanting to build a portfolio for long-term (supplemental) income and early retirement.• I have research in various area such as Memphis, Cleveland, St.

Of course, buyer is free to purchase extra coverage, if they elect to do so.

Some investors look at commercial or debt service coverage loans, others bring in a partner to share risk, or even structure a bridge loan while stabilizing the building.One thing to weigh carefully: vacancy risk and holding costs until you lease up.

A few things to focus on: make sure the property is fully compliant with local licensing and safety codes, plan for sufficient staffing (especially backup coverage), and consider the layout and accessibility for seniors—ADA compliance and easy navigation are key.