You aren't the insured in this case.Renters insurance does not cover the physical damage of the real property - it covers the tenants personal property and other things. 

For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.

Crickets...At this rate, it will be 2+ years before the project is finished.Anytime you ask for a project plan or schedule you will get vague responses with no actual plan.

I have no clue if this is actually true or not but this is what we were told.

I looked at their books at that is their actual expenses at this point.

I had boots on the ground (my own) in Fort Wayne for many years but I wasn't actually looking for anyone else there. 

No, you weren't spamming, but the system doesn't actually read the messages, it just reviews them.

Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

.: Maybe someone can educate me on the actual uses and mechanics of using a substitution of collateral clause (aka substitution of security) in a loan when you are the borrower.

These are very different than Subject-To, as the loan actually transfers to your son's name, and off the seller's name.