Realistically I would like to keep my eye on the areas in midtown and it's outskirts where the Wayne State police will be under its protection.

If you are seriously concerned about mortgage rates increasing significantly, there are ways to protect yourself (lending as indicated above; retaining a substantial cash reserve to pay-off properties if interest rates jump, etc)I hope some of this helps.

They don't provide the best protection for investors.  

One thing is for sure, change is slow to come in Washington so you'd better protect yourself until there is a change; if ever.

Also, if you are renting the property out to a tenant, and they don't make their rent payment, you should cover the payment to protect the person you are taking the property over from.

I am especially interested in how it would be transferrable to the businesses name to protect yourself in any sort of catastrophic event.

But in the intervening few months required to evict him, what kind of building insurance can I get to protect myself against fire, earthquakes...?

Yes, these contingencies would be necessary for your own protection.

How am I protected?

Most people will find their site rather easily based on search terms but there's always a lot of consumer protection attorneys out there looking to make an easy buck.