You find properties with sweat equity and creativity, put them under contract, and assign the contract or double close to another investor.For more details you might want to check out the wholesaling posts at: http://forums.biggerpockets.com/viewtopic.php?

Phone number, physical and postal address, email address and you will also find our Licensing and contractural details that allow us to represent Lloyds TSB.

I know a lot of people that have had major health setbacks but managed to not lose their house.

You have asked questions that we can't possible give you answers to without a lot more detail.

I have not as yet enlisted an attorney to work on this in detail in Illinois to find out whether the specific activity of wholesaling and bird-dogging can be exempt from licensure - I have only spoken to an attorney and I was told that to be safe I should get a license.

(I think this would cause some health risks!?)

My problem lies in the fact that I am a detail oriented person and never take a step without knowing my plan as well as at least one contingency.

I don't know the details or how legitimate a concern it is, but I would look into it if I were planning an after-purchase title transfer.

Please email or pm me for details...

Getting good funds up front will not save you from every deadbeat, but its a great start.In regards to tenant screening, it is important to have a written policy, but it should not be overly detailed.