We also shared the PoF with the seller's agent, who didn't see anything wrong with it.We acted in good faith, having no reason to suspect the forgery, but the second we uncovered it, we notified the seller instantly.Neither I nor our attorney think we have any exposure here.  

What are some ideas to make a couple extra grand a month while still working full time and gaining valuable exposure to the process AND providing value to existing investors?

How many LLCs:  depend on wealth and asset type exposure.  

FSBO will not get the exposure an agent can offer.

Conventional closings are a PITA, and I can only imagine it's a nice way to get out of it.Beyond that, it's all about personal preference and risk exposure.

Properties they list obviously get exposure to a very large market-place of like-minded investors and I was able to sell my properties to cash buyers using Roofstock.

Of course, one must legitimately be self-employed with no full time employees to implement the 401(k) plan.There are workarounds for California investors in an IRA format that provide checkbook control and eliminate the use of a LLC and exposure to the California Franchise Tax Board.

Exposure of these crooks is the only way that others will not be victims!

I am happy to delve into it further with you if you choose, but if you talk to someone else, just make sure they walk you through the variables with staying with a personal policy vs transferring to a commercial policy...etc@Sydney Hall to answer a few of your questions...1st you can have an umbrella even if you don't own a home--most of your personal liability comes from auto exposure--you are much more likely to have a hefty liability claim from a car accident than someone getting injured at your home.2nd based on the limited info provided, you should have a Business Owner's Policy as a business owner--property and liability coverage (especially if you have a physical office location).  

The bank will question where the money came from, and we will have exposure to gift tax/exclusion reporting.