What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will also be under an umbrella policy)- Loan (I learned that as long as the LLC is owned by the original primary loan holder, they will not need to call on the loan)- What are the TAX advantages/disadvantage of doing this (my status is not full-time investor, still hold full time W2 job, and a SMLLC)Thank you very much BPeers!

Some people enjoy golfing, some playing Video games... for me... it's business.8) I'm an underdog that rises to the challenge despite the disadvantages in life.

The disadvantage of going that route is when you try to scale it up.

What is your experience in doing so for the following areas:- Landlord insurance policy (I learned and confirmed with agents that my name would remain, and we just go ahead and add the LLC into it also) (This will also be under an umbrella policy)- Loan (I learned that as long as the LLC is owned by the original primary loan holder, they will not need to call on the loan)- What are the TAX advantages/disadvantage of doing this (my status is not full-time investor, still hold full time W2 job, and a SMLLC)Thank you very much BPeers!

Unless you are an all cash, no contingency buyer, no agents going to go preview a bunch of properties for an out of state buyer who is making weak offers. 4% concession, also signals this is an FHA loan, which is one of the weakest loan products available....you need to be making aggressive offers to overcome being disadvantaged against cash buyers, which already happened to you, and against conventional loan buyers.

Is there any advice on which to shoot for first or if there are advantages disadvantages one way or the other.

The disadvantage is you now have interest you'll be paying on the funds you are borrowing.

There is no official written offer yet-- are there big disadvantages to land contracts? 

The first few reviews will be crucial and if something goes wrong you'll start off at a disadvantage (this can still happen with a PM company I am aware).

The disadvantages of this loan type is it will be a higher rate than a conventional, Minimum credit score allowed is a 660, 6 months of reserves and 15%-25% down(based on Credit score).