Here is a great article from NPR that outlines that:http://www.npr.org/sections/thetwo-way/2016/11/02/...I think the rates will have to go up eventually, but I think 2017 will see only minor changes if any.  

Prelim report outlines limits and extents to which title insurance company is willing to insure the title to your property.

There are provisions built into your credit card agreement outlining what I've mentioned above. 

Just have a contract that outlines what they cant do, like dumping Industrial Waste.

Now I know what to look for when Identifying other similar markets by identifying the patterns you both outlined @Brian Ellwood @Whitney Hutten

I need to convince them of the specifics of my plan and would be grateful for comments and criticisms from the experts on this forum to improve my pitch.My basic plan outline is buy decent neighborhood SFHs from banks for cash while the deals last in this buyers market, then refinance with local bank as soon as possible (maybe a year) and buy more rentals and repeat while prices stay low.

This questions would be more appropriate in the B of A Sucks offical thread found here:http://www.biggerpockets.com/forums/92/topics/60374-b-of-a-sucks-official-threadThis thread is about 2 years old but I believe it to be of importance to contine the discussion, particularly since wholesaling REO properties is such a hot topic these days.I have wholesaled 5 deals this year alone using a trust and sold to an all cash buyer.The steps outlined in the begibnning and talked about in general format throughout this thread are not entirely correct so i will address them as we move forward here.First off, when making the offer, it is better to vest the offer in the name of the trust you intend to use (I always use the "street name trust" and often include the numerical address as the name.

The LLC will have an operating agreement drafted by an attorney that outlines ALL of the details below to a "T".Details:You (the investor) will get stake in the property for your initial investment amount.

And what if the funding policy isn't outlined in the PA?

Yes, my lease does outline tenants responsibilities for watering and maintaining the landcaping.