Mostly renting it out to schools/leagues/teams or having birthday parties for now.  

Being so far away 3rd party management is gonna be a must for you.

If something were to happen on my property like college parties, is that normally protected under a good insurance policy?

At the top right, put "Send Tax Notices To" and put the redeeming party's name and contact information.If in Tuscaloosa County, you need to put at the top left something that says "Source of Title."

I stand by my conclusion in my prior post. https://www.sec.gov/Archives/edgar/data/1562401/000156240118000029/amh12311710k.htmhttps://www.sec.gov/Archives/edgar/data/1562401/000156240118000029/amh12311710k.htmhttp://www.wakegov.com/tax/statistics/Pages/residentialsales.aspx

If your home is new or newly renovated, it will stand out against your competition.

responsibilities for day to day running, in all relevant areas of activitytactical decision making (day to day)strategic decision making (longer term policies)what things can only happen if both parties agreewhat will happen if you can't reach agreement on some major issue - ie deadlockWhat happens if either party 'wants out'?

Any realtor will tell you it isn't evenly distributed; some lenders it's down in the single digits (we find ourselves invited to their birthday parties...), others it's over half. 

If you are buying owners title insurance, and there are no specific exceptions that you do not understand fully, and the life tenants as well as the remaindermen were parties to and noticed of the foreclosure, none of this should concern you.

Would you say that part is on point as far as strategy goes?