Spread some mulch and put some chairs.

If the investors are going to expect you to be an expert or a valued asset for them to invest their time into you, you already have most arm chair investors beat. 

Is it even possible to make a very low MAO with the cost of flood repairs incorporated (while the owners have insurance money on the way)?

@Brandon Heath   Typically, the answer to your question would be in the corporation articles of incorporation.

We provided all articles of incorporation and an unanimous consent from board of directors stating that the company was authorized to purchase the property and procure funds for purchase from my partner. 

A Hold Harmless and Indemnification agreement is incorporated in the sale contract and that may only be as good as the seller's ability to pay damages, can't get blood out of a rock you know, so you could be stuck with future claims as well as illegal activities that might constitute fines against the company.

Could you install a stair chair?

They will teach students how to incorporate (using an SCorp structure) your real estate company.The thing that sold me on this program was the two years of access to a mentor.

I'm interested in incorporating into an LLC, buy properties in my personal name with co-borrower (considering I do not have 2 years of established work history) and transfer to LLC, and build off on it.

Lots Of government grants could be incorporated to this idea as well.