The buyer had claimed $15k of I reimbursed expenses on his tax return, and that DQ'd him.

Later, when their circumstances change or otherwise, they "quit claim" or transfer the deed (ownership) to an LLC, so they no longer own it in their personal name.

Staying at or below, just below 10% will keep you out of most equitable claims.

Today, title companies love to get their hands on old Abstracts as they may contain evidence of claims to title that could cause insurance issues.

If at any time during the term of this agreement, the title is discovered to be unmarketable, the tenant/Buyer will then have the option to void this agreement or proceed herewith.OPTION PURCHASE CONTRACT______________________________(15) PRICE AND TERMS: The Tenant/Buyer agrees to pay for said property the sum of $________________ _________________________________________________Less any sums for which the Tenant/Buyer is entitled to claim reimbursement or offset in accordance with this agreement; the net sum to be paid in cash, certified check, or cashier’s check at closing.(16)OPTION MONEY: Option money [] has been paid upon execution of this contract to Seller in the amount of _______________________ Dollars ($) in cash. _________________ will receive $_____________ of option monies paid to Seller as a fee for arranging this transaction.

I was expecting it for be a lot more since that's what many articles claimed landlord's policy to be at least 20% more than homeowners policy, so I wonder If I am missing some essential coverage that should be included and that is why is not more expensive than my homeowners?

We held on to the security deposit until it was all gone, but then returned it mostly in full (save for the cost to repair one broken window, and one hole punched through the wall - damage done by her teenage son that she claimed responsibility for).

Bank sends all the paperwork to the title company, title company says that there is an issue with the title, specifically the property was not quit claim deeded from the LLC correctly.

If the intent is to fill the building after renovation then most insurance companies will honor a claim.  

How many other places in the country can lay claim to the same attributes?