Actually, probably not, not many attorneys keep up with finance issues and they may want to go to court rather than avoid an issue, so you need to educate them as well, best way to expose them to servicing issues is telling them you want it done.

My goal is to build a track record/reputation so A: deals come in quicker and more consistently, and B: It exposes me to great opportunities to fix and flip on the sideline of the wholesale business.

My council felt that my personal hobbies (boating, skiing, hunting, off-roading, etc...) were more likely to expose me (e.g someone gets hurt on my boat/dirtbike/ranch, etc...) than my rental investments, so it is important to protect your interests in an LLC from any personal judgments you could encounter also.

Once a seller accepts, he cannot accept another offer without exposing himself to lots of liability?

Sometimes the asset manager will just do a deal right away or will demand the listing broker expose the property to market for a few weeks at least before accepting something.

By not charging interest you will alsohave an imputed interest for taxes by the IRS.BTW, if you can buy something at some price and the item was basically exposed to the market, advertsied for sale, the value is what it sold for, not 2.5 times more.

I would be exposed if the insurance weren't in my own name, wouldn't I?

This is an underwriting issue and not many Realtors are exposed to these unique issues.

They had propane tanks & I assume they are all on septic with 'city' water.

Check the plug if the wires are exposed and touching other wires/the electrical box.