You still have common law, the UCC, SEC, FTC, Patriot Act, money laundering, loan servicing, Settlement Procedures, along with predatory lending/ dealing not to mention the good ole IRS.

But we learned that the IRS still considers that a single member llc.  

The thing the IRS looks at is making sure you pay reasonable salary.

But even then there's a small chance the IRS can decide that your intent was primarily to resell.  

If it is the 1st lien/mortgage foreclosing, all others will be wiped, apart from HOA, IRS, taxes and a few others.  

IRS Notice 2000-30 and the Instructions to Forms 1099-R and 5498 specify how financial organizations report recharacterizations.All recharacterized contributions made in the same year to an IRA must be reported on one Form 5498.

Then I got scared to hop back in since it's not an easy field to start if you're not knowledgeable. 

Using Trust vehicles to facilitate general operations is not going to work the way the gurus tell you it will in front of a judge or the IRS or regulators.

I need a team of experienced Camden contractors in place before I hop out there.

The following IRS links are helpful.