X, Due to public records I have been made aware that your property in XYZ county and XYZ state is currently delinquent for non-payment of property taxes.

Unless you can buy a house in cash or have a non-recourse loan, putting assets in LLC does no good if you are personally guaranteeing them.  

I am buying at sheriff auction. There is a deal coming up in which Wells Fargo is the plaintiff and there are two defendants, the homeowner and US Bank N.A. I want to know if is at all possible to purchase the "second...

Then it becomes a non performance issue because they may have gotten themselves in a contract and the seller feels misled.

I still cannot reach the original tenant but have delivered a 3 day pay and quit for non payment of rent and violation of the lease to my house because I can not locate the tenant.  

Non residents may have a way to do it-not sure. 

Being realtor, it helps to get NON MLS properties before going to market which is rent ready and built up equity and easy to get conventional.

HOWEVER; they cannot obtain financing (it's a non profit and they don't have ability right now to finance) They want me to keep in my name and they will make payments for the next year, and do all maintenance, etc.

I would lock at pockets of properties near the schools, the medical center, airport, etc. 

My particular interest is knowing if an LLC is required for using the funds for non-debt investments.