As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

I simply told anyone from his team that I have talked to that I do not want to partner with Kris and give him my money.

and it seemed a lot insurance companies won't offer service for that deed.You simply have to quiet title that can be done with a lawyer or specialized services. 

Simply take an owners draw for whatever you can afford.

But if they mean your LLC is simply a "certificate holder", hell no.However, you should really connect with an insurance broker to get you some quotes.

Plus the building itself must show receivables as a business or in rents to underwrite the NOI of the business, Rent rolls, and occupancy ratio if rentedHave you thought about starting small and simply buying some single family homes or 2-4 units and transition into commercial? 

Some people who own homes free and clear simply leave them vacant 

My duplex had an additional unit built in the basement and discovered by city inspectors when a neighboring squabble caused buildings department to check houses on the block and my house had 3 mailboxes out front.

What if I want to do a full rehab in the future and the unpermitted work is discovered?

Background: Oakland multi-family (4-plex) propertyScenario: Existing tenant would like to add new occupants (2 relatives) to an existing month-to-month agreement. 1) Should we add the new tenants as master tenants or simply as authorized occupants?