@Ali Boone  and @Larry Fried I think your advice makes sense to just buy it and figure out the LLC later, why get all worked up about that stuff before I even get started.

Like @Larry T. said most wholesalers are not very good, but just like any trade  you will find a diamond in the ruff where you have a good wholesaler.

I am interested in Larry Goins.

Hi Larry, The first post in this section lays a lot out for you and the author wrote about assignments as well.http://www.biggerpockets.com/forums/93/topics/53454-exit-strategies-for-wholesaling-what-is-a-double-closing- You may want to pm the author or another wholesaler in your area for a copy of their contract.

Thanks, Larry

Depending on regulation where you are, they may be required to remediate before they can sell the property (it's worth checking in to this in the case of Illinois).Larry is correct, clean-up of old USTs can be expensive ... just depends on how much of oil (or other liquids) were in the tank when it was abandoned and whether the integrity of the tank is still intact.  

I know the property is cheap but MLS has the same for cheap as well or off the market deals, my name is Larry I fix and flip properties in Detroit and am a general contractor.

@Larry T.Thanks for your awnser larry. it defently helps!

@Larry BowersI know this is frustrating but from my experience the buyer is going to have to pay for the rate lock extension.

Larry Haun has an excellent video on YouTube about framing that I would definitely recommend in addition to his book.Put chalk lines on the floor where your walls will go.