My recommendation is to spend your energy on finding seller financing - lot easier on the nerves and usually reasonable rates and terms.

There are certain sales that DO NOT provide clear title; hence the need to examine.

Can't say, I haven't examined the whole deal, but so far so good, sounds like it's a healthy deal to smile about!

While she is correct that purchasing materials is an indication of an employer/employee relationship, the IRS will look a the entire picture to determine the nature of the relationship, not just who buys the materials.In fact, I have an old BP blog post that details many of the things the IRS will examine to determine employee vs contractor, and while im not an attorney or tax professional,I imagine that if you, by and large, treat the person as contractor and not an employee, just the act of buying materials won't negate that.In fact, that blog post was inspired by Robyn's story...I'll try to dig up that blog post when I get back to a computer...EDIT: Here you go:http://www.biggerpockets.com/renewsblog/2010/05/26/are-you-sure-your-independent-contractors-really-are/

take a job as a title examiner

Examine their management agreement, check to see if there is an out clause if you are dissatisfied, make sure it spells out the responsibilities of the owner and the property manager7.

He has a ton of liquid cash, and all the experience in the business end, plus he is a broker as well.I look and examine all the sherrif sale houses.

.- They actually have the nerve to try and enforce the $100/day penalty for not closing on the agreed upon date even though it had nothing to do with my ability to close.- I finally get pissed enough that I cancel the contract telling them that the only way I will buy it now is with conventional financing and for $5K less than what we had originally agreed upon (my private lender was a family member who was growing increasingly nervous with the situation)

This is all so nerve wracking - just hate not understanding something completely, but I suppose I shouldn't play lawyer and let the lawyer do this job.

With your first couple properties it's nerve-wracking to have them halfway across the country.