So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection.

Hi @Eric Armstrong this isn't a lien option but umbrella insurance is pretty good coverage to have to protect you're equity. 

There are local association, state and federal and insurance often over $1500 on top.

You choose an insurance carrier and property management company (if not self managing) and if financing you work with your lender on final approval. 

Talk to an eviction lawyer as it’s conditional on how to do it Second, revisit your insurance costs because of the wiring is not up to date (most la properties are 1910-1940) insurance will not cover you.

so in essence a flooring line then when they are sold he signs them over in exchange for his principal and his return.. usually 15 to 18% interest on those.. got to choose the used car dealer wisely of course.. they have been known to fudge titles and your collateral has driven off without you getting paid.I also have a client.. they happen to own a few Toyota stores in Oregon but one of their business and I think it could be one of the largest on the west coast is they buy sub prime auto debt... you know the kind were they put the chip in the car and also a little do hicky that flash's when the payment is due  and then when they are 15 days late or some amount of time the car is disabled.. so they can use the chip to find it and its disabled and they can just go and repo it.when I was in Jackson MS I asked a used car dealer there that I met at my watering hole.. how the heck do you sell cars for a 100 down 100 a month .. he said  SON  my clients are born live and die all within in about a 10 mile square area here and the key is getting their mom's name and number.. we just drive around till we find it or call mom and get the whereabouts..

My uneducated thought is it would be difficult to get title insurance during this time and would take cash, private, or hard money to obtain in the short-term.

While the area is still fairly heavily dependent on the auto industry (Chrysler, Delphi & GM are three major employers), there has been a lot of growth and development in the downtown area.

The rent from my tenant nearly covers my whole PITI (Principal, interest, taxes, and insurance) payment.

The one side, the largest amount of rent is subsidized, so auto deposit, and the other side is prompt on the 1st every month.