Are there any ways to protect/insure the property from the point it is legally ours, to the point that we can get him out? 

Flippers and California flippers — how do you protect yourself after the sale?

It can hurt your asset protection if a lawsuit ever happens.If you took the time to set up an LLC, don’t undo that protection by treating it like a casual extension of your personal wallet.Separate bank accounts.Clean books.Clear paper trail.It’s not exciting — but it’s what protects you when things go sideways.Be honest — when you first started investing, did you keep everything separate from day one, or did you learn this lesson later?

With holding costs and timelines shifting, many investors are adjusting how they structure deals.What’s been most effective for protecting margins in your recent projects?

The tenants who pass a thorough screen with a voucher tend to be very stable because they have a strong incentive to protect that voucher.One thing neither of you mentioned: the annual rent increase process.

Trying to protect margins and avoid cosmetic creep.

If you don’t live in it every day, it feels risky and time-consuming compared to conventional deals you can move predictably.A lot of LOs would rather protect efficiency than fight through guideline gray areas.Personally, I focus on these loans for that exact reason.

Also most counties in Texas don't publically post sales prices, so while you could potentially find the auction price, it is a fair amount of effort.

You want to minimize upfront costs and paperwork while you learn the ropes of being a landlord.However, if you go this route, it is crucial to protect yourself with a strong umbrella insurance policy.

Their study comparing private REITS versus public REITS ( Link), conclusively demonstrated that public REITS outperform private REITS by at least 8% annually.