Hi Ryan, this is one of our specialties (I am a cross-border lawyer and realtor).

No real estate agents would re-list and a lawyer told us title could be clouded. 

I'm not a lawyer, no legal advice, but if it says "in accordance with terms provided by Owner," and it's not in accordance with terms you provided them, then I'd think you shouldn't have to accept it. 

Wanted to check if that is true and if it is just lender specific or are there any legal laws around it.Thanks The rules are generally pretty vague - for the 10% Down Second Home Loan - generally are supposed to be not an investment property (no more than half the year rented out, no property management) and the vicinity rule is not super clear - but you are supposed to live "near the property"There won't be a difference among lenders since this is a GSE backed product (all rules the same) - however, the difference is likely to come from the interpretation of how close "near" meansThis is a good twitter (X) thread on the topic from a lawyer thats in the spacehttps://twitter.com/Wildlaw406/status/1689416363973214213

Once those guys are in place and you have a go-to title company that your realtor recommends and a lawyer.

So if they had the foresight to lawyer up on the indemnification clause, hopefully they had it as well in securing professional liability coverage. 

I would talk with a lawyer about how to structure it, but most of my borrowers use an LLC in the state of the investment property nested within a Wyoming LLC holding company.

We have created an rental operating agreement for the partners within the LLC.Do we need to consult with the Lawyer or legal team to finalize the operating agreement, so that when in need that document will act as a legal document towards our LLC for the members.

That said I am not a lawyer haha, if you need referral let me know these are just my thoughts as an investor...Reflecting on my experience purchasing rental properties in 2015, where I had a diverse portfolio across Birmingham, Atlanta, and Indianapolis totaling 11 properties, I opted for a middle-ground approach in terms of protection.

Talk with a NY lawyer about your plans and preferences and they can make it happen.