If you were bidding on a property that went to $101,000 and you only had $5,000 on deposit, you would not be able to bid the $101,000 - you would be "out" due to lack of funds.If you won the auction for $100,000 - the $95,000 balance is due the next day, in certified funds, at the court clerk's office.  

I never used it in the way you are describing but I can attest to its functionality.

This includes maintenance, defaults, court, turnovers, insurance, vacancy and CapEx.

They know the ins and outs of the statutes and the court system and will be able to give you a solid answer.Carefully document everything.

If you went to court you would be awarded money for their gossip that you'd likely never collect and you would be SPENDING MONEY to have a lawyer draft a NDA and to take them to court.

As long as your kitchen and bathrooms are in good condition and functional, there’s no significant ROI in fully renovating them.

There are several like Toledo - for example Cleveland, Dayton, Cincinnati, Washington Court House. 

This is the issue many have with wholesalers, what you are doing is marketing the property to the masses which requires a license (the I am marketing the contract I would love to see how a court would view that).

I am a little surprised this hasn't been fully settled by the courts at this point.

@Andrew PostellWhen I go to close the deal on the purchase do I bring a check that is from the LLC, then after file the dead with the court house?