If the insured driver was sued for more than their car insurance covered, the accident must have involved negligence.

I'm calling my local office tomorrow to find out.

For financing, there are programs like FHA loans for first-time buyers, and there may be local or state-level programs offering incentives for affordable housing investments.

@Jeff Nash and @Doug Smith - We are soft piloting a partnership program with Real Estate Professionals that want to bring this to their local market. 

I'm looking forward to connecting with other local owners in these markets.

If your really needed it one could also consider hard money though that will come with higher rates and getting someone to give you 300k first time might be harder than just getting loan then you could refinance it later.Since your a high net worth person I would also try talking to local/regional and even big bank lenders.

RE is local.     4.  

Connecting with local lenders or experienced investors can really help you get clarity.

I will be attending, would love to network and meet other local wholesalers

I obviously can't comment on yours specifically.Go to the local REIA events, get in specifically with the folks doing the syndication thing.