If so, your property coverage is limited to these causes of loss: FireLightningWindstorm or Hail (USLI often limits this coverage to a submitted amount on the policy, not policy limit)ExplosionSmokeVandalismAircraft or Vehicle CollisionRiot or Civil CommotionSinkhole CollapseVolcanic ActivityIf nothing else, be aware of the following, but I would recommend getting a more broad coverage from a competing insurance company for no additional charge that would include policy limits for the above windstorm or hail, and the following causes of loss: Burglary/Break-in damageFalling Objects (like tree limbs)Weight of Ice and SnowFreezing of Plumbing*Accidental Water Damage (think of a leaky roof that is causing water damage into your property leading rotting wood and or mold)Artificially Generated ElectricityMy Best,Ryan Leavitt

It helps to hold up any straight-edged object, like a notepad, when you sight along the building’s lines.

I prefer to always have the broker turn funds over to the lawyer as soon as the lawyer gets involved, for many reasons, one being that lawyers are held to a higher standard as escrow agents and there is a lawyers fund for any issues, plus E&O insurance, but if the title company is a national underwriter (like Chicago Title, Fidelity National, Old Republic, First American) or an agent that you have heard of and is reputable, then I wouldn't object to that either.Again, as to whether a wholesaler needs to hire a title company, completely depends whether you assign immediately after the contract is signed with seller, in which case the liens are not your problem and you can't be in legal trouble, you make no reps or warranties and inspections are the responsibility of the end buyer, or if you assign at closing, and then you would be responsible for clearing title in advance of closing and should order a title report right away. 

If you can be more specific regarding what you are trying to achieve as well as you your REI Objectives, I am confident you will receive more responsive replies, to your post.  

@Teri Waldrop What is your goal/objective?

I agree with Rick, frankly, I can't see a "calculator" taking the place of a logical approach that requires objective thinking, there are two many variables that can not be plugged in as a simple formula. 

You should *never* exchange liquid cash for non-liquid assets or objects without a significant cushion set aside to pay actual expenses, and that goes for anything - living expenses, investment expenses, etc.

And good objective screening is important.  

We cannot self promote on here but I would be glad to help and have deep roots in Texas to assist you and your wife in your investment objectives in any way I can.

We've put some much effort into this deal thus far it is difficult to see objectively at this point.Any feedback would be greatly appreciated, thanks BP community!