I've seen a lot of people start out buying and selling properties in their personal name, and after they've done a few deals and proven the business model to themselves, THEN they form an LLC (note: this is not legal advice - just an example of what I've seen some people do).

- If pursuing Fannie Mae or Freddie Mac agency debt determine if it is an approved market or not

If you are not the legal owner on record, you should refrain from marketing home not yours yet. 

I will google brid dogging and see if that is legal in CT.

Ask the HOA if they would foreclose, you just need to make sure you foreclose first and pay off the HOA debt.

It is really important to work with an escrow agent that knows how to do this to make sure it is done smoothly, professionally, and legally.

My wife and I have decided to pay down some debt while real estate prices around us continue to skyrocket and good deals remain so few and far between in our area. 

US Legal Forms sells a contract/disclosure package for $60. https://www.uslegalforms.com/fl/FL-HOME.htm In California you can use the free FirstTuesday forms: http://journal.firsttuesday.us/forms-download-2/

I would do some research on if you can easily split the lots and get the legal done. 

They have investments in Marine and Legal.