I agree with the resiliency aspect and the big three headquarters are there, but it doesn't equate to all the jobs. 

Editing is what takes the most time and a lots of freelancers on fivver do it for very cheap and the layers merge the different exposures so you can clearly see all aspects.

Why is it under market value, does it have a construction aspect to it?

Nathan has some good recommendations, any of those will give you a great understanding of an aspect of real estate investing.

From my research/learning, it looks like the best deals you'll get is from non-performing 1sts or 2nds, which is a totally different aspect of this business but if you don't have any experience you could get into trouble, which is why i mentioned JV earlier. 

The answer to this is definitely very much subjective to many aspects of your current situation.I will speak from our own personal experience on your first option. 

They may be able to share their experiences with local insurance providers.Remember, finding the right insurance is a crucial step in protecting your investment and ensuring a smooth house hacking experience.

We have grown largely from word or mouth advertising and this has allowed us to work on other aspects of our business.

As others have said your best bet is to consult with your attorney. https://www.realtymogul.com/blog/top-10-aspects-of-llc-operating-agreementsGood luck!

It is a great place to meet new friends and learn about various aspects of real estate and more.