A lot depends on the contract between the buyer and seller; whether full disclosure was made; and whether the seller is able to utilize consumer law or whether both parties are real estate investor/professionals.“ Would you also say equity skimming can't occur because buyer never accepted responsibility for the loan?”

However, when the time came, I never received that phone call from Brian, all day, all week!

I was hoping to get some professional opinions and expertise. 

However, when I’m told on the day of closing they need an appraisal and won’t be funding to close, that isn’t professional.

Most professionals will recommend a separate LLC for every $1 million in assets, but I don't think that's necessary.

@Steven Hamilton II I just want to say how impressed I am with your knowledge and professionalism.

Again, large commitment of time, patience, and ability needed.The amateur of “semi pro” investor should realize that the professional investors (such as myself) spend ALL DAY EVERY DAY doing the above.  

That would probably require a professional. 

Not legal or tax advice, but I think every subject to purchase should include a wrap mortgage so that you create notes receivable income.

Buildium and Rentprep will also need the video tour, and the home office ownership or lease info if you want to be able to run credit/background checks directly without having the applicant submit and then approve you to receive the data.