On the plus side, buying in bulk could lower everyone's premiums and simplify the process since no one has to hunt for their own policy.

I am just a person on an internet message board, but have known enough attorneys and seen second and third hand enough lawsuits to know you are getting dragged in no matter what.Just a few things to think about before you start spending money to transfer, just to learn that it will cost you a lot more to have things like commercial insurance, commercial mortgage, business utility account (not more expensive, but typically require a large deposit to remain on account), etc.

no way! 

I listed the properties or sale and I am getting almost no traction.

I see it all the time where people say they underwrote the deal for a syndication and there is no GP/LP level.

It would not appear to the bank that there is no debt on the property correct?

You don't want one in a luxury home but a multifamily unit should be no problem. 

The borrower would then refinance within 6-12 months, repaying $440,000 (including a 10% return), allowing the lender to earn $40,000.It is feasible to get 100% finance at 8% with no points or fees through private investors.

Ideal is Hou and SA but I'm up north (no fam or friends in those areas).

However, I have no experience in this and would not know how much rent is projected for this setup.Option 3Sell and redeploy capital somewhere better.Appreciate any feedback on this situation.