Check with your real estate attorney and CPA that your LLC structure is clear. 

They hired a structural engineer (not nearly as expensive as you think) and he told them what needed to be fixed and more importantly, how it needed to be fixed.

Being a multi property of course the units will be detached being completely different structures.

Being a multi property of course the units will be detached being completely different structures.

I take your posting as not advice on how to structure our salting contracts, but rather clarifying your focus is on limiting liability.

How to properly structure a cash purchase HERE2.

Some investors like @Ari S. will make sure their partners have an active role in the deal, and therefore they are able to structure the deals as JVs.

There are plenty of lenders that do not require you to be on title for any amount of time and will give you full After Repair Value (ARV).Now I will say that sometimes the way the deal is STRUCTURED will come in to play (like if you purchase the property entirely in cash or if you have multiple partners) but even in those scenarios you don't have to wait.  

Your family might need to say it is a gift instead of a loan but ask your lender the best way to structure that.  

I am not sure how they are able to do that - not the loan part as I am aware there are funding structures etc. but the cash reserves part.