You’re in an excellent position to leverage your wealth and someone else’s time to free up your time. 10 years from now there is no reason you couldn’t be financially independent & free from the requirement to trade time for $.

This method would ensure you get your money back independent of how the deal turns out. 

To be compliant with Dodd-Frank & CFPB, do I need to physically register an entity, or just be sure to do the things listed and keep records to pass an audit (should it be needed)?  

I would make some calls to independent agents in GA.

Proof of the ineffectiveness of the MMHA is our current state of moratorium, big corporate property groups are taken care of and the independent operator is living on hope and prayer. 

@Bre'Anna TinsleyThere are plenty of independent brokers out there.

I am definitely trying to accelerate my path to financial independence so I'm all about the active investing right now and I think my first step will be to house hack to offset the astronomical housing costs while also building equity.

I suggest you google exact term (private flood insurance) or (Lloyds of London flood insurance).Note: Skip over the ads and look for an agent that will shop all options (including the NFIP or government option).We do a free audit of someone's current policy (and oftentimes find errors) as most agents don't specifically deal with flood insurance and are not experts at how to get the best premium for their clients. 

I have gotten conflicting info from brokers, independent consultants and government officials.

There are not going to be interested in reading how to become financially independent or how to start a new business.