Some of the alternative loan programs do allow title in an LLC.  

However, there is one flip that is taking longer to sell and so I am considering alternatives.

Later on, you can obtain your own mortgage.An alternative is "lease with an option to buy" where you don't run the risk of the "due on sale" clause.

I would recommend finding your own realtor who has worked with investors, they will have alternative sources for lenders..

Does anyone have alternative ideas to offset this cost?

The alternative is that she sells it to someone else that can buy it today. 

Let's say he paying 5 percent interest and is in a 20 percent tax bracket, and alternative minimum tax is not applicable.

I feel the same way but they don't seem to mention what the alternative is.The attorney put my address down as the address for the LLC (which is fine), and the address for "Notices".My question: Is there an alternative to giving them my address for mail?

Related to your question about about a personal guarantee, it just makes the loan that much safer by providing some potential alternatives to foreclosure including options like a loan mod. 

Is there a way I can salvage this deal or should I cut my losses and look for an alternative way to get into REI?