Asset protection is key concept that I picked up from Rich Dad Poor Dad book "Unfair Advantage" by Rober Kiyosaki, and my limited understanding tells me that I should have an LLC to protect my personal assets from the property, that is a cool $800/ year here in California.

I would ensure she gets a month's schedule and you receive a written/email confirmation that she understands the change. 

I am using this as much as an opportunity to learn and understand the creativity that can be in a deal as much as a chance to wholesale/invest.Ideally, to wholesale, I would probably need to get it cheaper than $60,000. 

Robert goes into the different ways each way is taxed so I won't go into it here but I atlas wanted to give you an understanding of the so you can following with me. 

I want to contact the listing agent to get a better understanding of the listing because not all the information is always there, so when I contact them, what are key pieces of information that I should ask about to make sure I will have a good understanding of the area. 

Just looking for a general discussion, I understand not everyone is a lawyer or CPA.Also - before we get into the discussion of tackling loans before investing..

As far as I understand, I don’t think you need a notary when using DocuSign.

Send him and myself PM's and we can set up some phone calls to better understand your situation.Best of luck!

Hopefully we can get a better understanding of its conditions.

I can understand some of your concern.