These risks can happen to anybody no matter the type of investment they make like your investment house can blow up and insurance doesn't accept your claim, you could get hit by a bus, and boom no money, and so on. 

It’s a good gesture assuming it is part of what gets regularly checked and restocked if needed. 

If a claim is filed and the property is owned through an LLC the individual members are less likely to be named in the complaint and that above all else keeps the members name out of the docket.

I'm in a small town with nobody to really network with on a regular basis.

If they claim not to have seen your offer you file a complaint with the local board of realtors and also with the state's real estate commission. 

Network with investors, analyze properties regularly and build a strong team early.Good luck!

I regularly see promotors selling lots in beautiful communities for $40,000-$100,000 in Texas. 

I had a conversation with a Probate/Estate lawyer and he suggested the following but what he said doesn't quite add up to what I have read so I want to see if I am just not understanding or if I am getting bad gouge.Advice was to create WY LLC that owns all properties, that is then "owned" by a land trust for additional anonymity, that the beneficiary is a regular Trust that owns everything else in my name.

Shoddy work is not an insurance claim or anything. 

Good thing is they don't have rules about the interior remodeling (except the regular county permitting process).