Call some local landlords and see what their policy is on security deposits.

Moving into that first house for a two year period would allow you to claim it as your primary residence and claim that exemption providing you will have owned it for 5 years prior to selling.  

There is a ton of more research that you should do prior to even going to the auction to prevent yourself from paying way more than you should.

Former suburban dwelling millenials and empty nesters alike are finding the lifestyle in these areas very fun and desirable.Furthermore, the housing policies in these regions necessarily constrain stock (article from The Atlantic), so real estate is traded more like a precious metal than something manufactured. 

To compensate for this, FICO Scores ignore mortgage, auto, and student loan inquiries made in the 30 days prior to scoring.

The title policy is mailed to the insured party by the title company when it is completed.

What we learned through the first one is the banks can change policies at any time.

Some folks like to do that but with a good insurane policy I never saw the benefit.

I think a good umbrella liability policy would cover most things better.  

Second, my homeowners policy which I carry $1M liability on each property.