You don't have an option period, no financing contingency or appraisal contingency.

We have been writing insurance quote contingencies into offers to be sure clients can even get insurance. 

What to look for, pitfalls, protections and contingencies to have in place for the investor perspective aand from the wholesaler perspective.

They will waive contingencies and find a lender that can close in 15 days or less.

If you really feel you must get this place get multiple quotes on the largest issues, write an extension to the inspection contingency and do more due diligence.  

Further, there is usually no contingencies, due diligence, inspections, and arranging financing gets done BEFORE the property is tied up.  

Having contingency plans and sufficient cash reserves is crucial for navigating unforeseen challenges.Hope this helps!

They know better than anyone.......Oh, and you can also get some of the better deals when buying those properties, as long as you have a good idea of the potential extent and cost of the repairs and plug that (with a healthy contingency) into your proforma. 

Unless I was reading it wrong, you don't have liquidity to do the repairs to your current house which would increase the value and the rent and you also don't have capital set aside to buy a new home without a sale contingency.

There is NO registry for Trusts (like there is for LLC's and Corp's) so you get total privacy of ownership...which is your first line of defense when it comes to crazy tenants and contingency fee lawyers (and their dead-beat clients).