I have no idea what the average unit size, or bed/bath numbers are like in your market, though.I may have given you too much information so below you will find a quick pro/con list.Pro: lived for freegained landlord experiencegained rehab/flip experince (from a hands on, and Project Management perspective)have a great rental when I move out ( I will cash flow over $150 a door after accounting for PITI, maintenance, vacancy, and Property management when I leave)It is less than 5 miles to workClose to economic anchors (community college, military base, and downtown OKC) Cons:  Not the best town in the OKC metro (the street is safe, and so is the town, just not my forever area).           

I mean you are risking if an all cash deal $3M and you retained in cash flow $2.4M in 10 years.. your only out of pocket $600k but you own the building/land assuming it is a fee simple transaction..Also consider a plan B exit strategy if the tenant leaves.

TREC and TAR are probably the most common, will work for most residential transactions with appropriate Addendums, etc.

@David Key It means residential owner financing is subject to the SAFE Act and the Dodd Frank law which impose significant regulation, expense and risk on owner financing. 

I just try to cover all the bases, so when my 'paranoid' radar goes off, I start drilling down on the issue until I feel it is safe.  

Here is my challenge to you, take the safe goals that make you feel comfortable and throw them in the garbage never look at them again.

Hello everyone,Does anyone have any recommendations for title companies or closing agent that are familiar with wholesale transactions located in central Pennsylvania?

That's the dream IMO, property with none of your own money that safely cashflow after cap-x, vacancy, etc. 

is it used regularly and is a safe way to enter a partnership with another investor?

As long as you are on top of maintenance and in general doing the right things to keep your tenants safe, is their much to be concerned with?