My state laws allow for such caps and outright bans, so I have no legal protection. 

. *** Pacer website is: www.pacer.govYou'd be surprised how many times people say they are in bankruptcy protection status and they are not.

Both methods will provide moisture protection.

I don't participate in auctions unless I'm divesting assets as a seller or attending a trustee sale (foreclosure auction) in CA in order to protect a price or perfect title.I suggest you deal with the "Why Joseph doesn't attract the right kind of opportunities" part and forget about a deal that's becoming a distraction for you.

There are pros and cons of LLCs:Cons: Need insurance (including umbrella policy)You are restricted to commercial financing; for me that is 5-5-5 ARMs (total mortgage due in 15 years max)You file two tax returns (1 LLC, 1 Personal)Pros: Depending on your state, an LLC offers protection to the assets outside of the LLCLLCs are pass-through tax entities, meaning that any taxes pass through to your personal tax returns.

Unfortunately, it is quite accessible from the street so there isn't much that can be done to protect it.

If you have the house under contract, that is your "protection".3 - Yes

I just need to know what I should do if anything to protect my investment.What is The most prudent thing I can do to protect my own interest?

In my eyes, part of a lease is for legal protection and part of it is to make sure expectations are clear.

A couple of weak points in my knowlege are coprate structures/ asset protection and taxes.