I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector.

I'm assuming you're referring to investors that provide all of the funds for your flips? 

When you have studied your market properly you should be able to provide the answer of if single family or residential multifamily is better for cash flow. 1% rule was for a time when almost all deals were decent as a way to rule out the lessor deals and concentrate on the best deals.

Is it provided by PreREO and who is the loss payee?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You reference taking out a HELOC and those are generally provided when the property is in your personal name, which I don't recommend for investment properties.Overall, it sounds as if you're tired of dealing with "long distance" ownership.

There’s no risk and all reward because if somebody can’t provide ID, they’re not going to be able to rent from me anyway.  

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.

Can anyone provide a copy?

I'm trying my best to prevent mold growth, so I asked tenants for their renters insurance, to which he said, "our renters was with geico and we just switched insurance providers this month and have not got a policy active yet."