I have some basic numbers done.

It is basically a VA loan and from my experience, you have to purchase as yourself and then change into your LLC after close. 

Don't quite understand what you mean.Wholesaling has nothing to do with where you grew up.Wholesaling (as well as any other business) is about lead generation.I didn't grow up in NYC, and if I were to wholesale there I would dominate that market with my ability to rank websites #1, dominate online presence, credibility, and competence strategies I can apply to my online image.I think this is why so many people are "afraid" of wholesaling.Break wholesaling down into its most basic elements.

The way you described the deal in the 1st paragraph makes it sound like your "partner" is basically a lender.

Buying a property to house hack with an LLC basically defeats the purpose of doing it.

I think I have the basics down:* rent roll or proof of rental payments over x period of time* copies of owner paid expenses* copies of owner repairs over the last couple of years* clean title search* home inspectionWhat are some of your favorite questions?

Excellent, well-written post @Will Gaston Not sure if/when there will be an oversupply of the student apt complexes but I'd def agree that there will always be a strong market for SFH or basically any non-apartment style housing right around USC. 

They all have the same basic features and you don't need any of these crazy enhancements.

I recently had a landlord at a workshop who owned and managed a portfolio of low end properties for over 30 years, he is basically broke and can't retire.

Can someone please let me know the mechanics of the recording process on an owner-financed deal?We write up a deed and execute the sale. The deed gets recorded at the county level in NJ. Let's assume there is no CO ob...