It's designed to protect assets in the event of lawsuits, negligence, etc. and it only applies when there is underlying insurance coverage. 

Quote from @Daniel Tanasa: Hello Terry, If you're looking to find houses that are in pre-foreclousure you can use a website like www.foreclosure.com and you can get the list of properties and start marketing to them. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Hey @Benjamin Blunt do you have a website that says that you help people with their real estate issues??

Find out who has good Google Reviews (and responds to them), find out who answers their phone, find out who has a polished and professional website, etc. 

Google NMLS consumer access website.

@Henry Perez  Things like websites, bios and marketing materials help on credibility as well as your LinkedIn and Facebook profiles. 

These loans are short-term, asset-based, and designed for situations like yours.

I've even paid for a subscription to have limitless access to all articles on multiple of these websites.

The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.