You need to be able to be very calm, when your client and realtor are stressed out, your underwriter is conditioning you for BS items, the title company isn't picking up the phone, the insurance company is messing up on basic requests, and your client is not giving you what you are asking for.

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

you just input the address and it import the information which has bedrooms, bathrooms, and square footage. just be careful with the insurance and property tax data.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

Quote from @Max Pergament: Quote from @Matthew Irish-Jones:Licensed and insured to manage third-party properties. 

Third party servicing company for $35/mo handle taxes, insurance, escrow, tax forms, statements etc.

The agent has insurance, but clearly, they should not be an agent if they don't disclose this.