I'm still seeing a lot of these assumable mortgages go as cancelled/expired listings, I reach out to the seller directly as this is how I've built my Real Estate Agent business since quitting corporate just over 2 years ago.

He is young and very fit, so fortunately it looks like he will be okay, but it made me think about what my wife and I may need.When I quit corporate I was first in camp "screw health insurance and pay cash for doctor", but learned quickly there are some real limitations, plus in our screwed-up health care system you pay higher prices when paying cash.

You would benefit to consult with a corporate attorney and CPA in your area before making a decision and to come up with your plan.

If you get a title policy, it will insure your leasehold interest not a fee.Also, I believe there's no HOA, only a BODs of the corporation that handles its administration. 

I wish I started in my 40s because could have quit my corporate job already.

Freedom Loan Services Corporation. 

I am new to real estate investing, I have not talked to a lender for pre-approval because I am in the beginning stages of learning.What is the best business structure to use for a rental property business, Sole Proprietor, LLC , or corporation?

When classes are used as Properties, this is more on the corporate level accounting.When classes are used as Units, this is looking at it on a property level accounting.

Also ask the local corporations and government agencies who they use for setting up corporate housing.

In the videos it said to use the business service he promotes: Prime corporate services, so I called them and they recommended that I set up two LLC’s one in Wyoming for anonymity and the other one in the state I reside in: Pennsylvania, so that’s what I did.