I know I'll need to make sure the insurance is adjusted to the LLC after the rehab and deal with any recording fees that take place due to the transfer, but I don't see any other draw backs from doing it this way which will give my company at least a decent start to building a good reputation.Any thoughts on what I may be missing in my strategy I've explained above?

JulieLot  161k  escalator clause lot listed at 140k  3 offers highest and best I put my escalator in there for 1k over the next competing bid.. and I do believe since we bought and built the two across the st.. everything being equal the buyer knew we were capable and would close without heartburn240 ish to build  1700 sq ft...  20k soft cost  capital tax's insurance  bring us in at about 420k... 

My worst house, my only townhome, is a 1512sf townhome with a $66/Hoa and rents for $1100/mo $88 Managment $65 taxes and and $45 insurance.

My property burned down, no insurance, the fire department order fences, I can't afford the bill and the property is worth $4,000.

I think this guy got me, it's only $500, but now he wants an additional $2500 for insurance, just seems like a scam, I wish I would have seen this post first.

Therefore the demand for student housing has increased while current owners await insurance settlements for their damaged properties.

Borrower failing to pay taxes and insurance?

find out from insurance company their maximum before you swap it to vacant housing insurance and probably do it even if they say 60-90 days. 

Is there a way to insure that the original owner will not pocket the monthly payment I make leading to foreclosure of the property?

They were talking about self insurance and about how you can basically setup your own insurance company.