A thorough response as always.I have my own take, and as any attorney will say, this is not legal advice...For the asset protection purposes you need both (1) insurance and (2) properly structured company for litigation protection, an LLC/LP/etc.Insurance protects your from nuisance that occur on the property; i.e. slip and fallThe company structure protects your assets from litigation liability; i.e. gross negligence (health and safety, alleged known hazards, fraud in the sale of the property) as well as someone getting to your assets by suing you personally (e.x. you got into a car wreck that exceeded the coverage of your policy, now they can go after your assets)The due on sale clause is often a concern, but me and my colleagues view it as a very low risk for a number of reasons.

If you like the numbers in the property, buy it, after you get it properly inspected.

Investing out of state can be difficult, however if you can utilize all of your current knowledge and now just partner with a talented, sophisticated, strong track record Turnkey provider, this will be a breeze and in-fact may turn into a new lifestyle for you. 

Attorney fees are expensive to properly set up the structures, and a poor structure is barely better than no structure at all.

No, mostly safety-exposed electrical, trip hazards, properly functioning electrical/plumbing, etc. and wood rot, peeling paint(sometimes) functioning kitchen appliances (only if they are present-not required), etc.

Of course you will need the proper disclosures and what not, but a lot has to do with what you are charging. 

Looking forward to the journey, and can not wait to fully dive into this as a lifestyle!!

He even went as far as to  properly install a tin roof in order to have that as one less expense in the future.

Wholesaling is considered a gray area judged on intent, long story short Some brokers & lawyers are for it with the proper disclosures and while other brokers are against it no matter what.In any case, I'd suggest you join a local investment group of some type and ask around for agent recommendations or hopefully there's a PA agent here on BP that'll answer this for you.   2.

Some of our acquisitions will be seller financed and we will need to make sure we acquire the property with the proper paperwork.