My initial areas of concentration will be on wholesaling and flipping single family homes in an effort to utilize my construction experience in timely completing an investment project.Understanding that education is a key ingredient to success, I am looking to absorb all the information I can as it relates to real estate investing.

Hey Paul,One of the simplest ways to find out if you need closing attorneys to close your deals in Illinois is go and find where your local REI meetings are being held.At these meetings you will find wholesalers and other investors who may be closing deals on a consistent basis.

Never assume servicing will remain the same over the term of a note.You need to have your attorney apply servicing provisions throughout the note terms where fees and additional fees may be applicable.The servicing fee assessed to a borrower must be included in the ability to pay evaluation as well.But, then again, the simplest way is to make a note and you pay the servicing expenses.

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That is by far the simplest.

Simplest structure would be as a loan.

Just like in a standard wholesaling transaction, the simplest solution is to take an assignment fee.

Still, the simplest & lowest risk idea in my opinion, came from @Jon Huber . 

I have many relatives in the MTA and several investor clients.Sounds like you have a good strategy, but not the simplest one in my experience.  

I have taught my wholesalers before you ever send us a property here is what we need.1) a CMA if you can't yet afford an appraisal I need 5 actives, 5 listed and 5 sold. Now I tell them it has to be apples to apples n...