Debt Service Coverage Ratio shows the Bank, and yourself, that you will be able to use the income from the property to pay off the debt from the bank, after conservatively accounting for expenses and vacancy.

i get much better coverage than the newspaper. 

I believe it partly depends on your setup but always recommend a personal umbrella since they are pretty cheap for 1M coverage. 

Installing 2 - 3 of these should cost less than $250.Wireless alarm system - These days you can get a fairly comprehensive alarm system for well under $500.

In the age of Lyft, universal cell phone coverage, and the tow-anywhere $87/year AAA membership, you have a car payment. 90% of the American public makes the same unwise decision.

Hello everyone,Wanted to pop in to ask what everyone recommends for coverage on rental properties under an LLC.

Yet, is the the risk that most people do not have coverage for.

Is he really at any risk given the Airbnb host coverage against damage and general liability?

There are a lot of risks with condos as investment properties.Insurance coverage for your individual units absolutely is NOT covered in the HOA fees.

@Remington Lyman a lot of it can be dumped back on the insurance agent IF they didn't ask the appropriate questions, but that can sometimes be hard to prove.I walk my clients through a comprehensive process where we review various details about the property(ies) so that not only the accurate information is collected, but the policy properly fits the investors risk tolerance for coverage.I'm a big advocate for finding an insurance broker who has a process similar to mine to help your clients/yourself to ensure there are no loose ends when something does eventually go wrong.Cheers,MM