Everything sounds legit and looks good on paper, but...I wonder if anyone hear has heard of them or has been a part of the training.

Now the listing agent looks like he can't bring in any serious offers to the seller.Another version of this is the offer comes in verbally, then when it comes time to put it in writing the buyer has expensive or unrealistic contingencies.It only takes a few minutes to write up a contract.A verbal offer is worth the paper its printed on.

Do not take it out of their rent, pay them with a check so you have a paper trail for your write off to the tax man.  

You could also look at selling the "paper lots" in advance of building out the infrastructure, but that depends on your financial ability to take this from dirt to finished product, and ultimately for holding long-term if that's the goal.

I dont intend to deny. however, I have not had any inspection done/put in the paper work to be assigned as section 8 housing designation.

I only asked about the template to give me a general understanding of how such an LLC might look on paper. 

Its a lot of work and the juice might not be worth the squeeze even if the numbers look good on paper.

Lloyds of London is practically the originator of insurance, and only writes on non-admitted paper. 

It doesn't happen like a tenant, all at once, but it's death by a thousand paper cuts.

You may hear some local neighborhood names that are unfamiliar to you, so it might be a good idea to have a paper and pencil handy during this call so you can make some notes.Good Luck!