This is a very complicated project and it sounds like it may be your first one.

I find most invest all of their money and energy on formulating complicated entity structures and then obtain insurance because their lenders require it, not necessarily because the borrower/investor values the benefits.

Dominic,You have a lot of questions which is great but the questions demonstrate this is your first REI and having partners can complicate things if not handled correctly. 

I'd look on the 'Judicial Sales Corporation' website.

In most cases, neither is warranted.Warning: I am not an attorney and this can be a complicated topic.

For the rest:Logistically, this is rather complicated and may not be doable under one single LLC. 

It seems newbies are being sold Section 8 investing as if it's a) some sort of complicated strategy, and b) a silver bullet to de-risk out of state investing.As you and I know, it's neither.I have multiple section 8 properties in Detroit.

@Travis WashingtonThere's an entire industry incentivized to make real estate seem really complicated.

(I have a more complicated one, if interested)3.

land flipping is not real complicated in grew up in the business.you simply buy land usually at tax sale.. then sell it on terms.. usually very remote property..