#1 how much capital will you be adding to start.

3) What General Liability limit is needed on the Rental in order for it to be added to the Umbrella?

I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account.

I definitely want to be added to some buyers lists!

Look for one that has an Aluminum Oxide scratch resistant finish or a ceramic bead one.

If you are closing in your LLC, the note will be to your LLC and you will be added as a personal guarantor.

The move in special will be added to the listing today!

You want an attorney and title company that is familiar with these types of transactions.The land contract and CFD isn't bad as long as the buyer isn't putting much down.If the buyer is putting a bunch of money down the risk is to great for the reasons stated above.This is why a WRAP is good.You want a third party escrow company handling the payments so you know the underlying mortgage is being paid and the owner finance seller isn't taking the money and running.Also you need to define an exit strategy in the event the DOS gets called on with your WRAP.On the insurance issue you can be added as an additional insured or have your own policy along with the sellers.I did a wrap with a seller and had a problem being an additional insured.When the insurance policy came up for renewal the insurance company said that they would not renew unless the title went back into the original owners name.This was after the insurance company said it was okay when we originally closed the deal.The owner of the insurance company fired his employee that told us that and finally caved on renewing the policy while I held title.Other people that do many wraps said that to avoid that mess in the future you have an agreement at closing where the proceeds from any insurance claim will be paid out from the seller doing the wrap to the buyer.This gets around having a double policy costs,additional insured issues,etc. and it also makes a difference if the owner you are wrappings mortgage is escrowed or not which can complicate things.If I was putting down money though I want the title as a buyer especially because I ma most likely taking on a property with issues I will have to sink money into.

The alternative is that I package it up and sell it but my commission would be added to the cost to acquire. 

Feel free to reach out if you want to be added to the distribution list.