Unfortunately the Protecting Tenants in Foreclosure Act expired at the end of 2014 and was not renewed.  

For Asset Protection alone, I would highly recommend setting up a LLC to flip under before buying your first property...

I am thinking that a second entity that finances the deals as loans/mortgages might work to both protect my interests and act as an additional layer of asset protection.

If you can show that your project will be profitable (comps, etc), that you can complete it properly and that you are serious about protecting your investors you will have a much easier time finding money partners.

My question is because a HML has all the resources to protect the private money source, ie; they have lawyer connections for foreclosure, a network for evaluating property, a servicing company ect... if a private money source wants to be able to use all the HML sources can the PM Investor/ TD investor choose to have the HML originate the loan as a JV?

I think Jon is right that if they want to leave, they are going to leave and the lease does little to protect you from that other than keeping a deposit, which isn't that big of a deal.

I am close to retirement so cash flow is a serious consideration.And like you with appreciation, I feel I can evaluate the factors involved in the type of investments I make to get optimal income with good protection against the economy.

You would be harvesting e-mails then using them to send ads.

I already purchased the properties, should my JVP put a lien on my properties for his protection?

Make sure you are not fighting the very people who are trying to do the best thing to protect you based on their hands on experience in the game.