The best thing you can do here is ask how many have accomplished what you are attempting to do.

My recommended next step is to reach out in your local network (probably folks here on BP) and attempt to find a reputable lawyer with specific RE/LLC experience in your state/area.  

I spent hours studying before I attempted my first BRRR.

As @Chris Seveney is indicating, I would absolutely attempt to obtain a copy of the existing title policy or have them provide a new one, if possible. 

I am very excited for this new endeavor and welcome all of the help and knowledge. 

I came to try and figure out how much of a hassle real estate was likely to be before jumping in and what kind of returns I should be attempting to get. 

The only thing more risky than picking syndications when you don't know what you are doing is attempting to pick funds of funds managers. 

The deal I chose was somewhat at random, but also looking at price points and neighborhood ratings I thought would be good for a first investment.Below is my attempt to break down this deal. 

This is my first attempt at doing anything, as if it wasn't obvious. 

Would it be a mistake to not take advantage of the low money down loans for a first time home buyers primary residence, and instead attempt to invest out of state in a traditional investment property?