Please let me if you have worked with any title company/atty thatyou think are good at it.  

is it worth getting title insurance policy?

you can sell it as a wholesale deal, where the buyer will pay all title and closing costs. this would have to be a good deal for the buyer equity wise.PM me your number if you would like to chat and i can call you later today.best of luck,Nick 

Hi Dan:  It really depends on how the house was titled.  

2) What are my options in terms of transferring the title / ownership of the property?

I know it can be a risky investment with the inability to acquire title insurance and all... what other risk factors have any of you come across?

There are hurdles such as seasoning and regulations about how title is transferred.  

Should I title these properties in my new living trust?

There is a property I am interested in, and it will be auctioned at the courthouse next tuesday, so I order a title search.It shows only 1 lien for $amount (I don’t know the current balance of the debt), originally taken out by Barack Obama and later the loan was assumed by Donald Trump when he bought the house from Obama.

In the situation where the parents are exchanging into a TIC in the replacement property, this seems to be a different situation since it's actually the parents LLC which is taking title to real property via the TIC, so if an heir was to invest in the property as an LP I feel the IRS may view this differently but am not sure.