In my area common deals are house with an ARV of about $65k-$100k wholesale deals generally sell at about $25k-$40k in my area foreclosure and HUD are huge dictators of housing prices.

Many REO owners will offer to pay for title services to regain the right to dictate the use of a title company they are familiar with.

It's the totality of cost of ownership that would dictate my choices if I was comfortable investing anywhere.

Depending on your tax election will dictate how you will pay yourself.

There are new laws here now that dictate a bunch of specific clauses that must be in the contracts and time limits when the homeowner can back out.

There is no way that the cost of an extra value meal at Mcdonalds should be dictating a yes or no on an investment.

So, Freddie Mac/Fannie Mae pay the bank according to the dictates of the policy, and the lender transfers the note to Freddie Mac or Fannie Mae as consideration for collecting on the policy.

I suppose maybe if your planning on NPN and then reality will dictate your going to end up owning houses.. then that might be a smarter move to own the houses in the LLC once you have forclosed.. but again not necessary good insurance is all you need in that instance when you become the landlord or owner.

Sec 707 is an internal revenue code section that, generally speaking, dictates transactions between a partnership and one of its partners is treated as a third party transaction if the partner isn't acting in his/her capacity as a partner. 

Again, I don't have experience in Indiana so I don't know if there are any rules or regulations which dictate this type of stuff.