60 years is pretty much standard around here... but since your property now has a known problem (trust me, title insurers do not operate in a vacuum), the time period is irrelevant.Switching title companies wouldn't fix the problem, it would actually hurt you.

You'll also want to find out the actual tax and insurance expenses.

You’ll need a new insurance policy with the llc as insured, this is what normally alerts the bank to the transfer.

It’s really neither... pretty stable neighborhood area.

Invest based on fundamentals in areas that will grow or be stable and with conservative underwriting and you'll be flying back to South Africa in first class to visit friends and family in no time. 

Bond(promise) for title(ownership) is an agreemnt for you to become owner in future if you meet your obligations(make payment, keep taxes paid, insurance covered, etc)You don't need permission from you lender/seller to dispose of property.

My insurance company doesn’t open until 9:00, but I’m the meantime I’m scrambling to try and get this repaired/replaced. 

I was wondering if I needed things like a copy of any insurance the seller may carry or proof of the tenant’s renters insurance, If that would be useful to keep on fIle.

If you send your go-to lender your most recent tax returns and mortgage statements for each property, he should be able to work it up in like 10 minutes (assuming your property taxes and homeowner's insurance haven't changed significantly since you did your taxes). 

FHA and the USDA loan have permanent mortgage insurance which is an added cost that does nothing for you, whereas conventional removes the mortgage insurance once you have 20% equity in the property so if you can do conventional that is generally preferred but if you can make the numbers work FHA can be a good option too.