If you had your own money and a high tolerance for risk, you might buy out any other claimants to step into their shoes and permit the sale to you by the PR. 

I was found to be in violation of BP's policy regarding contact information being provided and had the reply, along with my original question, deleted.I'd like to connect with the person who replied.Thanks,Dan

It seems to me that everyone must understand their own risk tolerance and develop and implement a strategy that supports their position.  

I read another thread stating that the landlord really can't be listed as additional insured on a renter's insurance policy for because they have no real loss to claim (in more insurance-esq terms).Do I then have any incentive to obligate my tenants to purchasing a renter's insurance policy?

If you define with many criteria, your list results may be zero or close to zero. 

I am not yet in a position to buy the land and building I need to open a third location; and Mt Pleasant is so "hot" right now that there are zero opportunities to lease.

I have zero experience with that type of property, so I didn't know they did that.

My advice for your first flip with zero money would be to find a partner that can bet on you as a person rather than your skills as a flipper.

Handle these issues on a case by case basis don't just default to playing the part of a faceless corporate entity with "policies" that you follow.

Your tax liability could be zero to 20% depending on your tax bracket.