If so, there's a lot to check out, not just their ID.

Check out the 2% rule and the 50% rule, while they are really just guides they are a good place to start.

So before they will negotiate price they will first check out my financial situation and if they want to work with me based on my financials ?

Check out SoCalREIA and I'm sure you'll meet potential partners and learn how to start wholesaling there.

Google "The Beginners Guide to Being Congruent."

You can google "manager managed llc" to get more links.I don't think anyone should try to do the first one themselves, just pay the money to the attorney and ask the pertinent questions so you understand fully.

Google is the best search engine around, and their results aren't great.

I can tell you it is not well known but yes different states have different laws on this.So you need to check your local state statutes for the appropriate code.Usually the fastest is to Google your state and type in selling disclosure laws if someone died etc.Then in the results a link will pop up from an attorney website giving the code and answering.

I also looked at their house on Google maps, and it's floorplan is probably larger than mine, disregarding the second floor that they have.

Check out what your local per square foot rates are to rebuild where you are and figure from there.