I spoke with my broker and the real estate attorneys we usually work with, they said, as long as the plaintiff/ tenant's attorney is able to file a motion or whatever and relate the intentional of the out-of-state company with tax evasion matter, then they can have the liability court in the city where the property is located after the first motion is resolved.

What’s the best way to handle this type of transaction to still qualify for a conventional investor loan and not cause issues when filing taxes?

That's a bummer :(  That will add a ~50-day delay in filing.

@John MichaelIt may be considered a gift if you decide to withdraw from the account.Tell your parents to speak with a CPA to understand their filing obligations.

You should consult with a foreclosure/bankruptcy attorney.

Do I file insurance claim?

As long as the proper forms are filed/ recorded, agency is disclosed, and no one feels some shadyness is going around, you are good.2.

That's what I am in search of, I've got plenty of help and knowledge about whether I can operate one and how to file the paperwork correctly. 

You can file the LLC online for $99 in Ohio.

If so, the title company “missed” the taxes, and they have “insured” you against prior claims, so you can file a claim with the title co.