(TL;DR version: wholesaler from NYC got a property in Mississippi under contract, then ended up helping a scammer with a fake title company steal $10k earnest money from a buyer (according to what was written in the thread of course, I have no firsthand knowledge of what occurred).

It didn't occur to me when I shopped for this policy, but will our rentals even be covered due to different ownership?   

Non judicial foreclosures do not require court participation; they occur mostly through deeds of trust rather than mortgage instruments.  

• Recent Sales: Have any new, more relevant comparable sales occurred between the date of appraiser’s visit and now?

The feasibility study happens here before any filings occur with NYC DOB. 

I even have a friend who received an unfounded complaint from a neighbor (the neighbor was just against STRs, no events/parties that occurred), and now their property is temporarily banned/under review, regardless of them abiding by all rules.

.- cash out refi loans have higher rate than if cash out was not occurring.  

Operated on a fiduciary capacityin other words if the above was done and the investment still went south, then that’s just x% outcome (risk) occurring, and a natural part of the investment process.  

Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.

Charged me $1700 for the pro group in sleezy way (never issued or emailed one single invoice or pre-notify that the next monthly charge of $99 would occur).