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?

I see the collateral assignment of note and mortgage document on line.

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.

It's for records & documents not locating a private lender for your business. 

If he maintains that he paid, then we will need to ask for documentation (and I suppose it is possible the seller is being dishonest).   

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?