In fact, I am a little embarrassed to not have investigated further.

I do my online investigative work to find out about the sellers, taxes, portfolio, age, social media, courts, etc.

As for fees etc, there is a small ACH fee each month for the bank transfer of the payment I receive each month.Basically there is a waiting list of investors and as notes come up, clients are contacted about the note and they have a few days to do some due diligence about the market/property/management and purchase or decline the noteIf there are any issues with payments, foreclousures etc etc, the company handles it allAgain, I'm very early in my investigation of this avenue of investing, but that's my understanding as of right now

(I'm not an attorney so I'm just raising an issue you may want to discuss with an actual attorney, but you may find this series of videos on wholesaling which was made by an attorney in Ohio to possibly be applicable to your situation.)In general I'm much more in favor of spending time to build relationships with a smaller number of buyers you've met with a few times and vetted a bit, instead of doing a mass mailing campaign - the "rifle" approach rather than the "shotgun".If you decide that's something you want to investigate, you could contact active people here on BP and/or go to your local real estate investment group such as RIREIG in RI or Black Diamond REI in Mass to start building relationships.Good luck and let us know how it turns out of course!

We explained to the seller via our broker what we were doing so did not put down earnest money or any preliminary deposit out of pocket.

Anyone who states otherwise has not investigated it.  

I hope I have convinced you to investigate the laws in St.

Next I would contact Section 8 and report the issue to them, after investigation they will terminate the tenants Section 8 support and you can evict for non-payment

While investigating a deal, the owner offered to sell the LLC along with the rental property including the business license, tax ID, and GET/TAT Tax setup.

After these preliminary steps https://www.biggerpockets.com/forums/552/topics/562694-fl-mortgage-broker-ensure-listing-agent-presents-offer-to-seller  1.