Yes, there were some investors buying but lots of families, and first time buyer who jump in taking advantage of the federal incentives and what not.

Both properties are owned by the MD LLC, which registered as a foreign entity in SC.I feel like when I finish these two rehabs I'll be qualified to write a book about what not to do when investing in real estate.

I understand cash buyers pay for the closing of the home and earnest money needs to be sent, but are there any other fees that the "wholesaler" is responsible for with title for opening the title search and what not?

I also don't want to deal with any headache as I know many cause problems and don't have good screening methods and what not, if you guys can point me in the right direction, that would be truly awesome. 

But if I would have bought just one grade B SFH for $100K, I would have made $$$$, appreciation, etcI paid $100K, I walked away with $125K  (I was $25K in the red) and a world of knowledge about what not to do!!!!

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Usually they only need to list one person from the LLC, mainly to get a better rate, but also there needs to be someone listed to contact and what not.

Laws and whatnot.... 

They teach what to buy and what not to buy, and area mistakes by investors.

Also if anyone has some good articles or references on how traditional pay outs work and what not that would be awesome as well.