However, Asia Pacific office markets will be more mixed.Retail | Retailers and mall operators are adopting new “placemaking” strategies to compete with e-commerce, which combined with stronger consumers, should stimulate more demand for retail space globally.Industrial | Robust demand from e-commerce and third-party logistics companies for warehouse and distribution space—including for smaller in-fill locations within major metros—will continue to reshape the industrial market.To download the full report, go to http://corporaterealestategroup.com/2016/02/14/cbr...

If you have multiple parties involved as owners, you definitely need an entity.

All you need is a standard real estate contract of sale agreement which both parties will get.

Caveat Emptor:  Many state prohibit 3rd party intervention during the foreclosure process - -  having laws against "Buyers of Equity".STRONGLY suggest you consult your state regulations in this matter BEFORE  you attempt to contact the Bank or the current Owner.

If it is an IRA LLC, are you saying that you can control and make decisions without third party approval, paperwork, or fees?

Wholesalers (like me) who find deals/seller often partner with other wholesalers who can provide the other link in the transaction (buying party).

I can sympathize with both parties here, you as the landlord, and your tenant.

We don't mess around and want the best for all parties. 

Technically you don't need an insurance policy, but when you go to sell it to a 3rd party, they will want a warranty deed, owner's policy and/or lender's policy.  

. , you are fine because you contacted underwriting and hopefully received an underwriting memo underlining that they expect coverage to pay out for property and liability even if the LLC is the sole named party in the lawsuit, but as many do not have the ability to contact underwriters directly, they cannot do the same.