However, if you are worried about being sued, you should use the best level of protection that you can afford.Your state laws: The laws governing asset protection vary from state to state.

I also think it highly depends on your market, such as if you're in a seashore area, you'll probably want to do STR in high season, then switch over to MTR for the rest of the year.

Payments are usually interest-only during the term period, with rates right now around 11-13% depending on experience.   

This all depends on your risk tolerance and your ability to access future capital.If it's a windfall, I would do 1 slightly leveraged and 1 all cash transaction in great areas.

Closing cost can depend on the loan amount and company you work with. 

A 5% down conventional loan might also be an option, depending on your income.

Makes sense, since HELOC depends on the apprised value 3.

Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.

Depends on the state.Many states start the bidding on taxes owed and go up from there.

I guess that depends on whether you like the smell of being down wind from a garbage dump.