Is there any down side as far as refinancing goes if I buy the home in a corporation name that I set up ?

Bottom line is that they are afraid of leaving the “safety” of their corporate jobs.

I'm currently registered for the auction as an LLC, but as I understand it, there was a recent change to IL law that requires corporations to hire an attorney for all noticing.I'd rather be putting that money into more liens vs. into an attorney's pocket, and I'm wondering if I'm better off re-registering as an individual so I can do my own noticing. 

Many Title company’s are national, and I’ve used nationwide title companies like First American, Chicago, and Stewart in the past, but lately I use only our local company, -Thurston Title, which won’t be of any help to you.

As a club, we've traditionally focused on recruiting with large-scale commercial real estate firms, but we think there's a lingering interest by many in our student body wanting to learn more about how to become a successful real estate investor and build wealth, rather than focus on the "corporate" aspect of the business. 

If it makes much more fiscal sense to know what your bottom line offer is BEFORE you engage the realtor/wholesaler/contractor.STEP 3 – Incorporate in that State either as an independent LLC/Corp OR as a Subsidiary with local address and phone number.

She's rented out to corporate transplants over the past two years and in a 7 month period she made a years worth of rent. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Also, most Americans have a significant amount of their personal wealth attached to their primary residence.

Being that I am inexperienced, and you have much more knowledge in this particular field, would it be wise to start a corporation or an LLC to acquire prorpeties due to the tax benefits and asset protections that they provide?