If you want title insurance, buy it in the name/entity you're going to hold it in.True, but if use a warranty deed then you remain liable for the state of the title you transferred.

Also, how are you gauging motivation without the need to unload the property looming?

I'm not sure what I'd do with the remaining $900. :-)

There's always gonna be motivated sellers in every market due to forces at work.

The rent will remain the same as per my lease until april of 2015.

I've just come across two triplexes from a very motivated seller.

Have those of you with experience in this area determined that a particular range (eg, low, med, high) of home price tends to be that of an absentee motivated seller?

Mark Gustafson Great post but how exactly would you get motivated seller leads and how would you get them to continue to come in constantly?

My .02$As a experienced wholesaler, Im not sure your concerns are necessary.To ThomasThere are other expenses like marketing,buying leads, my phone, paper, ink, internet service, etc. etc. but all these things are just tallied up as cost of doing business.I use the same formula as above but sometimes I use .65 depending on the motivation level of the seller.Taxes are pro rated at closing, I dont buy any insurance (why would you?)

My son is severely disabled and I need to be in a position to care for him, so I have high motivation.