We require tenants with pets to carry liability coverage and a rider for pet damages.

Do you measure that by how many years of coverage without incident, by the number of doors (properties) you have, or some other way?

Also, you want to have Liability coverage for that rented unit. 

A policy written to cover your rental property will usually exclude this coverage so that the insurance company does not extend liability coverage beyond the rental property.Write an office policy for your LLC with the description of operations as a Self managing Property Manager. 

BPers,I searched the forums for a list of do's and don'ts for hard money lending without much luck so I'm going to see if I can get all the answers in one place. I am at a point in my REI where all my personal and pri...

@Bob B. will certainly, but should I change my coverage for home insurance, since now I don't have any requirements or anything from mortgage lender?

My reading comprehension is off today: who gets the 70 and who gets the 30?

There wasn't even an outlet in the bathroom on that wall.In terms of what to be prepared for.1) Hopefully you have loss of rent coverages for 6 mos on the house.

They will look at the rental property's income instead and come to a debt service coverage ratio or a property DTI (measures as the monthly property expense divided by the gross rental income). 

I like the debt-service coverage ratio (most use 1.25-1.4 so I will use 1.325).