Loss Prevention companies use them to document crimes for easier prosecution, IF they are able to get a good picture of the criminal.Fun Fact, most state audio recording laws were conceived to protect our 1st amendment rights to Free Speech.

You do want to think of things from a tax standpoint, but you will also want to think about liability protection while establishing these entities, also.The Difference Between LLCs, C Corporations, and S CorporationsKnow Your Real Estate Partnerships: General and Limited Partnerships ExplainedIt can all shift pretty dramatically based on the details of your situation.

@Leon Kanon you would have to require ALL tenants purchase renters insurance to require a person of protected status to do so.

The best thing you can do to protect yourself is to get title insurance.

But that seems to be about the most idealistic situation possible.I'm not a pro here, so I don't want to claim expertise, but again, seems like you don't have a lot of upside for the work.  

It’s on EBay so you have buyers protection and can be refunded if it’s not immediately sent.

Do you have an opinion on the consumer protection issues related to wholesaling...consumer with a 6th grade education works for 30-years, pays off her mortgage and hasn't a clue about the power of equity in her home...in comes a wholesaler promising the world and negotiating away the equity she has built up....seems to me the Attorney General's would want to take this on at some point...

How do you qualify your vendor expertise? 

I took a seminar and I was told that putting your properties under IRA SD, SOLO,  Goldern, HSA, and Coverdell and that this provides great protection for your assets and limits the taxes that you pay.

He’s been an ideal tenant (always pays on time and takes good care of the place).If I agree to let him out of his lease how can I protect myself so he continues to pay until the unit is re-rented?