A title company can do a simple lien search to find out what is attached to the property too. 

They just tend to focus on rentals vs buy/sell.Was there a company name?

@Sylvester Hardison Contact a couple independent insurance companies in the town the property is located in and get quotes.

I've been doing some research and came across a company called WholesaleShelfCorporations.com that specializes in providing aged entities.Before making a decision, I would like to hear from those who have actual experience with it.

Only thing I would add is that there are certainly investor friendly T/E companies that have worked with wholesalers before and I would look to use them if it were my first transaction as they can be really helpful in walking you through it once you actually have a deal in place.

Get  a good property management company with rehab capabilities to get numbers that pencil out for success. 

Hey @Sandrene Smart - there are a few companies out there that lend on EMD.

Be sure to have a written business plan and run your comps through a reliable software program before placing an offer on a property to make sure the numbers match your goal for the investment.

My wife and I will be paying taxes on the gain from the condo but will he have to pay any gain and do we have to hire a 1031 company since nothing will be held in escrow? 

There are a couple tenant screening tools smartmove, keycheck and some pM software have screening.