My question is what are the future ramifications, if I decide to forgo the title insurance, keep the deed the way it is and plan to refinance in the near future and possibly sell at some distant future?

While the numbers look favorable for real estate both in the coming years and into the distant future in terms of net population influx, job growth, and housing starts, the other HALF of the equation is the overwhelming anecdotal interaction I have.Of the many, many new people that I met here in Denver over the past year, hundreds or maybe even thousands are recent transplants.

A 14% CAP rate with inflated rents in a distant, unfamiliar market allows will spell trouble.

Oklahoma was 17 Texas or Property taxes as I call it was a distant 34!

We were there in the not at all dim distant past.Eventually if you are good you will likely line up your own investors and loan clearing house or similar and become lenders with your own money to lend...

Just make it clear when you transfer your interest that you are not warrantying the titleAs a practical matter no one is required to have 100% ownership, and with abandoned real estate distant heirs seldom make a claim years after their relative has passed. 

Originally a concern was getting the equity back out at sale, however that is a distant hope at this point. 

I Just turned 28 and I'm very passionate about working hard now to shape the life I want in the not too distant future.

My first property is probably going to be a live in flip, but I'm trying to learn more about long distant projects.

Be warned, La Quinta continues to increase regulation, and I would not be surprised if they stopped issuing new licenses at some time in the not to distant future.Here's some breaking news from yesterday:https://www.laquintaca.gov/connect/short-term-vacation-rentals