Believe it or not, I have been using vendors referred by Home Depot.

Plus I've heard vendors offer tremendous discounts for being a member.  

I would do part of the reno with my crew , such as hardwood floors, paint job, updating kitchen, bathroom vanities , roof and electrical issues / HVAC / siding etc,.. have to be done by vendors..  

@Daniel DietzThere is no issue with a vendor/partner receiving a larger share of income on a deal due to being the dealmaker - so long as you are not a disqualified person to the IRA in question.The IRA will have exposure to UDFI.

Unfortunately, Minoan (at least when we used them for this property) doesn't always have the most accurate delivery info from the vendors.

Enter a maintenance request, assign a vendor, attach a fake invoice.

I had a vendor there I funded for years he was not high volume but he would do 4 or 5 flips a year and he did very well with them..there was no crime like you get in the bigger markets and pretty stable area really.. can't go wild but he did a nice job and always sold what he rehabbed.

LOCs are great and use just like cash for the most part, my bank even has a debit card for the LOC which makes purchases from vendors or HD easy.

When under contract and doing due diligence I would ask for copies of the leases, proof of deposit for at least a month (i.e. bank statements, tax returns, deposit receipts, etc.) and copies of utility bills and other vendor bills.

That is a vested interest, also known as equitable title.The most topical Ohio court pronouncement on equitable title, or "equitable conversion" as courts call it, is this:[E]quitable conversion by the purchaser, in a contract to convey real property, does become effective in those cases in which the vendor has fulfilled all conditions and is entitled to enforce specific performance, and the parties, by their contract, intend that title shall pass to the vendee upon the signing of the contract of purchase.