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.

Licensed and Insured, of course.

My insurer is Erie, for everything including my umbrella. 

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

Keep in mind that many of these cheap homes are selling for less than a third of their insurance replacement value, which really means that the land has negative value - let that sink in.Most buyers who can actually qualify for a mortgage will get a PA for $200-300k and desperately want to upgrade their life.

Taxes, interest, insurance and maintenance will eat into the profit. 2.

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.

Is it a stable long term strategy?

Hopefully you have the correct insurance in place etc.Hope this helps