Originally posted by @Jeremy Marek:Even if you did try to go after a renters insurance plan, you would give up your right to recovery under your own insurance which would likely be a much better policyThis is absolutely incorrect - you can file against multiple policies, but the payout from all of them cannot exceed the actual loss. 

I selected this structure after reading about it BP and Paper Source, and also being mentioned by multiple "gurus", and since it made sense to me, It seemed as the best way to structure the ownership of my Notes.Having the CFD in the name of a trust with beneficiary being a LLC, allows for a more efficient process to take back the property if Borrower is unwilling to correct the issue (the 20% rule not withstanding).

The team wouldn't succeed if it didn't have the right team players in place responsible and executing on their roles.

One thing I'd recommend to ya is to get around the MAJOR PLAYERS. 

My longterm goal is to own multiple rental properties.

Even tolerated multiple delays in submission of documents by sellers.  

Also focusing on using the new opportunity zone tax deductions to pick areas with high demand and low service options, that can offer us opportunities on multiple fronts.  

Between us and other family members we have multiple businesses and properties to sell and we hope to make a full move over the next two years.

(that I'm aware of)The tangible property regs are one of the most complex areas of the tax code as they were written over multiple years by multiple drafters who had differing viewpoints on what the regs should accomplish. 

My professional experience come in the form of mortgage originator with Wells Fargo and lead residential appraiser for multiple cities in the Hennepin County Assessors office.