We will setup an LLC or another type of company that gives us the best protection.

2) What protective measures should I consider as a buyer in a seller-financed deal to ensure the offer is as efficient as possible?

You’re financially protected more with more units/doors.Of course more income.Cons of larger multi family are barriers of entry costs to acquire, operate, and experience.

If you want to be in RE then do not talk to them about it or listen to their advise, other than to make sure that your a doing things to protect yourself from all of their worries.

That said, when you have your 341 hearing or, whenever the legal owner gets notice, you'll have to prove the property is your asset in order to keep it under BK protection otherwise, the bank will get relief from stay (They will no doubt file a motion for relief).

You'll have to research the file.Once in awhile even if the PR has Full Authority they'll be a court confirmation sale for the protection of the PR representing the estate, beneficiaries or other reasons.

As all these problems arise again, it will likely swing back to sellers understanding that it’s going to cost them just as much for the firm to represent them in the event of an unrepresented buyer as it would if they just paid a buyer agent fee, but they’re more protected from future litigation if the buyer has their own representation vs claiming they were misled by a seller or seller’s agent.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

It shouldn't be an issue to put title on both properties, unless you want to maximize liability protection and create another LLC

Ultimately I am worried about protecting our business's reputation, the safety of our tenants, and having a viable rental.