Think about the last time you purchased real estate. 

Here’s how the contract and assignment process typically works in wholesaling:Contract with Seller:You start by negotiating and signing a purchase agreement (contract) with the seller of the mobile home.

I think if you set up a brokerage account with the same bank that your business checking account for the LLC is at, you can simply move the money from the checking account into the brokerage account and then purchase something. like USFR, which pays 5.4% in T bills with zero risk of loss or BKN which pays 5.7% in tax free Municipal bonds if able to tolerate some risk (this gives me a >9% tax effective rate on my cash).

In other words, you rollover traditional IRA funds into your solo 401K (which is allowed) and then use debt to help purchase a property.

I'm looking to invest in self-storage in the smaller cities and towns surrounding the Twin Cities area and am debating between two options: buying land and building a new facility or purchasing an existing one.

It’s part of the agent's duties to make this clear in the purchase agreement or the buyer's brokerage agreement.Clarification: The broker you met with was likely emphasizing that, according to the letter of the law or the standard contract language, the buyer is technically responsible for their agent's commission.

And I'm not at the point where I want to purchase say 5-10 units yet. 

If you're living in it, even though you're purchasing for the investment, it's considered owner occupied. 

All the contracts, terms and conditions were signed by both parties and the title company even validated the purchase price weeks before closing on the title commitment.  

I am looking to start my journey anywhere from Cincinnati to Columbus, OH My plan: I plan on purchasing a 3-4 unit property and house hacking one of those units for about 12-18 months.