No mortgage payments have been  made by borrower since Oct 2015,  Bank is paying taxes and insurance at the sum of 15k a year, been in foreclosure for about 9 months, property is just under fair condition, owners are dodging the paper processors. 

That way you're not only reducing your daily balance on your principle, but you're also building equity in another investment at the same time.then, of course, there's the life insurance option...lol.You may be better refinancing, but then you have closing costs and you are forced to always make the higher payment.

There is title insurance issued at the time of purchase, so we don't want to invalidate that.

We don't have the Midwest weather, high property tax, old homes, high insurance, high maintenance, or state income tax.

How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

Quote from @Raymond Whitley: Not sure if Goosehead is in your area, but a broker like someone at this company can really help you in challenge times for insurance like this current market with so many carriers dropping out completely or raising rates on everyone. 

And you avoid things like damaged properties (guest insurance from airbnb or prop manager themselves cover that), evictions, collections, etc.   

We just need to figure out how.I’d urge you to look at the insurance business, which has a great deal in common with real estate.

You can try to go after their renters insurance, but since you don't have proof, you're probably not going to get anywhere.