Again, use a lease to the company and sub-let, if checks are made out in your name, use an endorsement on the back of the check: Pay to the order of XYZ, LLC., then endorse the check by the LLC and deposit it.Will, good point, the liability goes to the one in title.

[STATEMENTS ENDORSING BAD BEHAVIOR ONLINE IS NOT WELCOME - POST EDITED]

Since I cannot use a friend to bid for me due to schedule conflicts, I was going to get a lawyer, give him the the endorsed certified check with instructions on my highest bid and he would go to the auction for me.If I win, he hands over the check and if not, he holds onto the check for me until my return.

We play basketball, watch a lot of TV, and will buy products endorsed by celebrities.

No nonsense coverage and they are very familiar with landlords.I'm sure prices will fluctuate wildly based on where your property is located, property age, the deductable you choose, amount of liability, and other endorsements (loss of rent, personal property coverage, etc) but for a 3-family in NE Ohio with $150K ACV the premium is about $980/year.

Under some paperwork I found a form from Wells Fargo stating that a condition of them endorsing an insurance check is that they may want to inspect the work to make sure it's complete if I meet established guidelines.

I just want to add to folks that do not rely on one or two endorsements as a basis for investing money, especially folks with only a few posts. 

That said, be aware of any limiting endorsements.

The expensive part of title would be the owner's premium and any endorsements.

You don't need an MBA, but you do need to learn really how the business world operates, it's not how most people think, at least on here.Then pick your industry, here, you have chosen RE.Basic knowledge is dry, unexciting, when you read it it's hard to see where the money is or how in the world does knowing that a legal description "closes" or what a certain deed of conveyance does to make you money.The reason most have problems trying to follow some guru path to wealth is because they don't understand the foundation that the strategy is built on.In basic business law you'll learn what an endorsement is, what an assignment is and the different types of contracts there are (not talking RE contracts I'm speaking of unilateral and bi-lateral contracts).