It's a bit of a juggle, but talking to a tax pro or financial advisor can really help him figure out the best move. 

I recently bought a property that was in a 'flood zone' and required Flood Insurance because of a loan.It made me think twice for a day or so, but after research (driving around/looking at aerial maps/talking to neighbors, I came to realize that there was almost zero 'real' risk.As you so astutely pointed out....this creates opportunity for investors that can do the research and can stomach a little perceived risk....

But ones I'm considering is out of state and I haven't talked to anyone in my state that's willing to give that a try yet. 

I get the same feeling when you talk about an e-Signature.  

The typical approach is to buy the houses individually then move them to an LLC.Have you talked to asset protection specialists?

I would be happy to talk with you. 

If you're looking for a chance to connect some more, id be happy to talk. 

Best bet is to talk to an experienced finance broker. 

Learn what they're looking for and find it.Bonus: Finding opportunities and talking to sellers are the most valuable skills.

He told me to let him know when the property is off the market so he can talk to his client again and share with him the property.