I find a large need for a clean, safe, affordable housing.  the ideal property.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

(This should lower surprise assessments and help maintain buildings in safe condition.)The inspection results will be made publicly available through the state. 

just make sure it's safe, clean and in line with other rentals in the area.

You will both learn that there is more to a safe loan than a note and deed of trust.In no order, typical loan documents will include: NoteDeed-of-TrustPurchase Contract and escrow instructions to confirm your deal and the associated deadlines you and your lender will have to meet.Preliminary Title Report, which you and your lender should learn to read to understand all liens against the property.Personal Guarantee (You do want to protect your lender don't you?)

make sure the child is safe.

But it's a very nice, safe neighborhood.

Option 1 involves playing it safe by keeping properties in your name and focusing on robust insurance coverage, sacrificing some LLC liability benefits.

To be safe with anything except a fairly new house, you’d need to excavate around the house, parge the outside of the foundation with asphalt, install a dimpled plastic membrane over that, and then on the inside, fastidiously install rigid foam on the floor and walls, spray foam/tape all seams, etc… Then frame, then drywall.Seems ungodly expensive.

The Florida safe harbor seems to be a giveaway to the banks, since a regular purchaser must cover all outstanding dues, but the bank can claim the safe harbor benefit.