Write the check out to the title company, so no individual can cash it.

Initially I thought the the individual was another Wholesaler, but he claims to have purchased the property after it was foreclosed.

LLC for investment property - One LLC for multiple properties or individual LLC for each property? 

There are so many lanes for success investing in real estate, it really comes down to your individual skills set.

You likely signed a document at closing that says if you owe any more money that was missed you are still liable and will make appropriate payment to appropriate individual or entity.

However if you go outside of city limits then the county has more lax requirements and they are subjective about what is an MHP versus what is not - sometimes it's 4 homes, sometimes more.Most water wells can support multiple homes, it's more about the treatment equipment sizing (e.g. chlorinators, filtration systems) and ability to keep up with demand, and also regulatory requirements of water testing once you have 15+ homes - it becomes an EPA thing instead of your state DEQ. 

The definition of accredited investor will be updated to include "an individual determined by the Securities and Exchange Commission (SEC) to have qualifying education or experience."

The most thorough checklist will be hiring a property inspector to check each unit individually.

Right now Stapleton is a good place for younger individuals and most things are within walking distance or a bus ride.

What kind of advice would you offer to a young individual still in college, that wants to enter the real estate game?