In CFD/LC the property is not collateral for a loan, legal property rights are retained by the seller and granted at the conclusion of the installment term.  

Depends what the basis for the conclusion is.

I have came to the conclusion that you have to pay good money for good help that will see the big picture and will stick around and know what they are doing. 

Trial court judges are notorious for arbitrary legal conclusions relying entirely on legal reasoning in briefs submitted by one of the parties.So here's the upshot - if you are willing to roll the dice and you have the money to defend an admin hearing and prepare at least one appeal, by all means carry through with the attitude that "the law is on your side."

I suppose logically I should have come to the conclusion that when sellers are having difficulty selling retail, or rental owners are experiencing more expenses, there would be increased opportunity for wholesalers.

@Marcia Maynard The technician was there for an hour this morning and his conclusion was.... 

I've been looking for REI clubs near Waco and have come to the same conclusion.

I guess there are pro's and con's in every city.I can't say anything about Milwaukee but I have the following data for Chicago:1) Volume of Sales have Risen in the Past 5 Years2) Months of Supply Have Decreased Substantially In the Past 5 Years3) Foreclosure Filings is A Leading Indicator of Price Movement - As Can Be Seen Below, Foreclosure Filings Have Decreased Substantially in the Past 3 Years4) What's Behind Higher Sales, Lower Inventory and Lower Foreclosure Filings is Excellent JOB GROWTH In The Past 4 Years5) All of The Above Shows That Over the Long Term, Home Prices Are Poised To Go Higher in Chicago (Based on Chicago Case Shiller Index)CONCLUSION: Chicago is a great market for fix-n-flips, rent to own and appreciation plays (with no cashflow).The Downsides of Investing in Chicago?

That said, it's likely an error in which the former owner's deed of trust wasn't reconveyed but finding out conclusively is likely difficult or impossible.

He'll keep believing it right up until the sheriff ejects him after the conclusion of the next foreclosure.