Swiss is what the wholesalers were using, but that's a whole different ball game.  

And by the contractor having skin in the game, the GC would not likely draw our the process and it would be done quicker with attention to the finished product since he/she will profit from a home that will sell quickly.

I know the topic that I'm inquiring about has probably been addressed and/or beaten with a dead horse but I'm really not trying to allow my fear of the unknown to stop me from jumping in and taking action like I did 1...

Advantages are that its typically simpler and can be faster than a formal probate, however it still requires noticing DHCS (Medi-Cal) and other creditors, so from a practical standpoint will require six (6) month for your seller to get thru court.

I don't play the appreciation game. 

Please come by to a meetup if you can, I'm sure a lot of investors would like to pick your brain on how you got this far and you can pick other peoples brains on where you would like to go on your next steps in the real estate game.

Hi guys, my name is Alain,Complete newbie to REI, but am currently reading 1 book a week to catch up with the game!

Due diligence is the name of the game for investing out of state.

There are too many factors to consider.If you're simply looking for legal protection, a much simpler option is to purchase umbrella insurance of $1 - $2 million. 

@Nick Belsky great point, also some syndicators have more "skin" in the game because they believe in the investment that much