(I do a lot of value add purchases as well, but low down payment turnkey is my favorite by far.)In my case, I did three single family owner occupied in my name only (careful not to put my wife on the loans or titles).

I was facing one problem is how to recieve money from title company?

If it’s vacant you can Call local title companies in your area and ask them for a property search login.

I loved the title of your post.I was terrified the first single family rental we bought.   

Not all companies would just make the change (they could cancel and issue a new policy, they could request copy of the title, etc.).The second part of the question is, from an insurance standpoint, should you remove that other named insured if they are on the title.  

Is it possible to have the title of an investment property named as an LLC with 3 individuals as members with one of the members the sole mortgagor on the property?

Then when I close, given its with the cash buyers closing title company/attorney, Can I give them both agreements between myself and the motivated seller and myself and the cash buyer; then they cut me a check?

When inquiring with the bank or credit union regarding their equity LOC product I would first ascertain how they allow the property be titled (individual, revocable trust) before even initiating an application. 

I always do a title search on my own. 

When we purchased the properties, we also purchased an ALTA Homeowners policy of title insurance.