While I haven't listened to that episode, I generally advise similar clients to have a certain # of months of operating expenses in reserve to cover repairs/capex.

I pass them on to my clients, as the law requires, but I advise them to ignore 99% of them.- You don't need to offer the full asking price as earnest money, but a large deposit definitely helps woo the seller into believing your offer is serious.

I can give clients advise and my opinion on situations but not everything is always known.

Because the Indiana property is my first investment property and is not in a LLC, I was advised to get an umbrella policy.

It’s more of a solution for owners who need liquidity but don’t want to sell their property outright, interacting with  advisers, agents, and other related people that are expensive and may be hard to connect with, or take on additional debt, including such debt like loans from banks and offline interactions, which require valuable time.

Often times, I advise folks to start with HML or PML and the refi into a DSCR loan with a bank/CU when the property is stabilized.I am going to assume that a HML/PML loan would be at a higher cost/rate than a bank that would play ball, so I would prefer that if possible...

Any advise on how to get there would be appreciated

First and foremost, buying more than one property at tax auction is advisable to help you unload those that may have liability issues. 

And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

Would it be advisable to move my LLC from Florida to Delaware also in the event I need to go to court to recover the loan would an llc in Delaware be better?