I don't recall any fees for initiating the loan, you just have to pay it back with nominal interest.  

Most have nominal fees per meeting or annual fees of $100 or so.

Most of the time, sellers willing to sell to a wholesaler don't care, or you can do a nominal deposit.Attorney - no, you don't need anyone there, it's a contract between you and the seller.

Don't want to step on your toes, but your research is nominal to local wholesalers and investors that research these particular homes on a daily basis here and know exactly what to expect. 

High nominal cap rate, but you need that cashflow to patch the bullet holes.

This could be a nominal fee - say $250 for each quote. 

For example if you own a condo outright, sell it to the LLC for a nominal charge and then use that LLC-owned property as collateral against investment loans.

You will pay some nominal fee, like $75/year, to keep the HELOC open with zero balance. $75/year is nothing, and what it gets you is ready to write an offer the second that killer deal  you've been waiting for this whole time crosses your desk.

No, mine is in Old Towne East, an extremely popular area right now.

I did find out that in Ocean Grove - homeowners do not own the land, they have a nominal land lease.