Also, most commercial policies will also defend the owner of any Named Insured. 

@Matthew Fortune Title insurance would not only cover your loss, it would cover the legal bills required to defend/prosecute your case.This is a no brainer in the REO scenario.

So if Ocwen forecloses on the property, it will name Ben's LLC as a defendant as the current owner.

If there is a lawsuit, you can be sure that you and the owner will both be listed as defendants so you might as well have the same insurance company pay to defend you both at once.  

Can't we use tasers or rubber bullets or 911 or security systems, etc. to defend our homes and businesses from burglars instead of lethal weapons?

I will defend Carleton Sheets, yes it was my first course and initially I thought as well that this is BS.  

Like thishttp://www.ebay.com/itm/DEFENDER-SECURITY-DX-H112-SIMULATOR-TV-/180866284879?

But given that there are people who've made tons of money using them, you are always going to get passionate defenders of them.All that said - back to the OP ~Any real investor (cash buyer) that I know will take a deal from a wholesaler if the numbers work.  

From all the research you did, you seem like a very intelligent woman capable of making and defending a position. 

My real estate attorney cautioned me to be careful and with the new laws in Washington state, involve a real estate professional (attorney or licensed broker) in some part of the transaction, which would satisfy the law's requirements and make it legal.Where are all of the full time wholesalers chiming in on this post defending themselves?