My lease agreement informs them that I expect them to do this and I have instructions this, and they have asked me for these very instructions, which I have yet to create.  

@Mary LopezNot sure if you're still looking for debt, but credit unions are a great place to look right now in this part of the market cycleGino

This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?

Welcome to the community and be ready for a huge amount of information at your finger tips.

How did you find this deal and how did you negotiate it?

Purchase price: $100,000 Cash invested: $30,000Property is valued around $315kForeclosure purchased from bankNo renovations since 1978What made you interested in investing in this type of deal?

I don't know anything about LA, but is this a property (or area) that would interest you? 

A good indicator of this would be analyzing the HUD Fair Market Rents year over year.

Again this requirement directly impacts me.